Europol has published a report, From Suspicion To Action – Converting Financial Intelligence Into Greater Operational Impact
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Europol has published a report, From Suspicion To Action – Converting Financial Intelligence Into Greater Operational Impact
Europol has published a report, From Suspicion To Action – Converting Financial Intelligence Into Greater Operational Impact. This notes that Just 10% of suspicious transaction reports (STRs) are further investigated after collection, a figure that is unchanged since 2006. Over 65% of reports are received by just two Member States – the UK and the Netherlands. Reporting on terrorist financing accounted for less than 1% of reports received by FIUs in 2013-14 (the most recent figures available).
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