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Strong interagency coordination and a good grasp of financial crime-related risks earned the Netherlands high marks from an intergovernmental group Wednesday, but progress is needed in the areas of anti-money laundering supervision, AML penalties and beneficial ownership. Following a four-week, onsite review in November 2021, the Financial Action Task Force, or FATF, concluded that the Netherlands made considerable progress against money launderers and terrorist financiers over the past decade, and now ranks among the top 10 countries in terms of both compliance with the group's standards and effectiveness against illicit finance. Nearly 300 pages of findings from the evaluation released...