4 ms·
It does to finance as well, however the intent is to also target 2nd and 3th degree actors because it is extremely common to hide the true owner of the money in
by cynusx 5y ago
It does to finance as well, however the intent is to also target 2nd and 3th degree actors because it is extremely common to hide the true owner of the money in Finance (tax evasion, sanction evasions, ...)
Here SIGINTEL can contribute a lot but also just better data pooling between the countries and more modern methods of detection.
This international commitment to combat money laundering has so far been lacking but it seems this invasion is giving the momentum needed to put such systems and collaborations in place.
It will still take some time though before it's in place.