Despite two recent high profile out-of-court settlements involving major Dutch banks, some of the Netherland’s supervisors still heavily rely on informal enforcement actions and warning letters according to the Financial Action Task Force (FATF). In its Mutual Evaluation Report Netherlands-2022,… Read More ›

Netherland
Potatoes, onions and cars employed in money laundering schemes as banks help Dutch investigators crackdown on TBML
Dutch criminals are using agricultural commodities such as potatoes and onions as well as motor vehicle exports to Africa in increasingly sophisticated trade based money laundering (TBML) schemes according to the CEO of the Netherlands’ Fiscale Inlichtingen en OpsporingsDienst (Fiscal… Read More ›