NFTs are a new way of TBML says top Dutch financial crime investigator
Non-fungible tokens (NFTs), the financial securities consisting of digital data stored in a blockchain, can be used in trade-based money laundering (TBML) operations according to Niels Obbink, chief and general director of the Fiscal Information and Investigation Service, the Dutch government agency responsible for investigating…
Egmont Group and FATF publish digital transformation report for FIUs and other operational agencies
The Egmont Group of Financial Intelligence Units and the Financial Action Task Force (FATF) have jointly published a report on digital tools used by financial intelligence units (FIUs) and other operational agencies. Digital Transformation of AML/CFT for Operational Agencies: Detection of Suspicious Activities and Analysis…
