SWIFT Archive

TweetShareSharePin0 Shares Illicit money flows are notoriously hard to track. According to a 2011 report from the UN Office on Drugs and Crime, less than 1 per cent of proceeds from criminal activity that are laundered via the financial system are detected. In efforts to overcome this, authorities have tried to improve customer due diligence

TweetShareSharePin0 Shares The European Union saw several scandals recently that demonstrate corruption is a persistent problem in need of better regulation. The ongoing Qatargate scandal has highlighted the potential for corruption in the European Parliament, making clear it is high time for the EU to take action. In January 2023, the European Commission opened a public