News

A spate of terrorist attacks and money laundering scandals in Europe in recent years has sparked calls for the creation of national forums for banks and law enforcement to interact and exchange intelligence more frequently. So, too, in the Netherlands, which has trialed new initiatives allowing compliance officers and investigators to work together and develop typologies on financial crime patterns ahead of an evaluation of the country’s anti-money laundering and counterterrorist financing efforts by the Financial Action Task Force in 2020. A pilot program launched last year and ending this month saw compliance officers at ABN Amro temporarily trade hats...