Banks and insurers are stepping up the fight against corruption. They receive the help of a checklist with 72 instructions that can help to detect fraud and other suspicious cases. This is confirmed by a spokesperson for the Financial Intelligence Unit Netherlands (FIU) after reporting in the Financieele Dagblad.

FIU is the government body where institutions must report unusual transactions. This concerns in particular reports of alleged financing of terrorism and money laundering of criminal money. With the new checklist, the financial intelligence service now asks more emphatically than before for information about transactions that indicate corruption.

According to the spokesperson, the checklist was approved last week during an international meeting of FIUs from different countries. The list will soon be sent to the banks and insurers.

Load More Related Articles
Load More By WeeklyNews staff
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Europe puts pressure on Switzerland to adopt the prohibition on degassing for inland tankers while sailing

Minister (NL) Mark Harbers of infrastructure and Water Management is going to increase the…