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German FIU in Turmoil Weeks Ahead of Global Evaluation

By Gabriel Vedrenne

State police searched a pair of federal ministries in Berlin last week as part of a sprawling investigation into Germany's financial intelligence unit that could impact an impending global assessment of their country's laws, rules and overall campaign against financial crime. On Thursday, nearly a year after having raided the FIU's office in Cologne for allegedly withholding dozens of suspicious transactions reports, or STRs, that banks filed from June 2018 to January 2020, four police officers and six investigators with the public prosecutor's office in Osnabruck searched the federal justice and finance ministries in Berlin. News of the raid did...

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