Money Laundering

Federal police have arrested eight individuals, frozen 500 bank accounts, and confiscated €440,000 in cash during a series of coordinated raids across multiple cities

According to CTIF's latest annual report, the number of potential money laundering activities reported reached 79,211 last year, driven by suspicious transactions, funds, and information from both foreign counterparts and government departments

The European Union has laid down several new guidelines for countries offering citizenship by investment programmes. These new guidelines must be adopted to implement robust practices to ensure enhanced safety and security. This significant development was made clear following a recent meeting held between leaders of Caribbean countries and EU officials in Brussels, Belgium, said a source in EU Commission in Brussels.