FATF releases report on Germany’s measures to combat ML/TF

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The Financial Action Task Force (FATF) has released a mutual evaluation on Germany’s measures to combat ML/TF, stating “Germany needs to continue to implement reforms and take steps to make sure that there is resourcing and prioritization at the operational level to combat illicit financial flows.” The FATF also cite cross-border cash smuggling risks and lack of coordination among domestic authorities as causes of concern.

https://www.fatf-gafi.org/publications/mutualevaluations/documents/mer-germany-2022.html

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