money laundering

Hundreds of billions of dollars are hidden away by citizens in Argentina. The government wants to get this cash out from under the mattress and back into the financial system.

If Unicredit's takeover of Commerzbank succeeds, the fight against money laundering will face new cross border challenges. The EU institutional framework has structural shortcomings in reporting suspicious activities, and a lack of capacity in law enforcement.

The update on video identification procedures proposed by the Ministry of Finance is being hotly debated in the industry. In an interview with Börsen-Zeitung, IDNow CTO Armin Bauer explains the strengths and weaknesses of the draft proposal.

The meeting scheduled for Thursday afternoon, February 22nd, will determine the host city for the new EU anti-money laundering authority, with 27 EU representatives and 27 national government delegates in attendance. While Frankfurt is a contender, the outcome remains more uncertain than in previous hosting decisions.