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The Spanish government's effort to forge alliances with banks against money laundering are bearing fruit in Campo de Gibraltar, a Mediterranean area especially plagued by financial crime, the director of Spain's financial intelligence unit told ACAMS moneylaundering.com. Spain five years ago became the first country tested under a new methodology adopted by the Financial Action Task Force, or FATF, and performed relatively well, in terms of both the technical compliance of its rules against financial crime as well as their effectiveness. Those ratings are anything but abstract: Spain for decades has had to contend with terrorism, corruption and the financial...