By PAUL O’DONOGHUE, Senior Correspondent
NEW technologies can play a pivotal role in cracking down on money laundering, according to the European Central Bank (ECB).
In a new report, the organization said developing AML (anti-money laundering) tools can contribute to a “more risk-based, data-driven, and scalable supervisory model”.
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
