Money laundering denunciations doubled in 2023

Money laundering denunciations doubled in 2023
Money laundering denunciations doubled in 2023

Reports of suspected money laundering have doubled

Published today at 2:44 p.m.

The number of reports for suspected money laundering increased by 56% in one year. The Money Laundering Reporting Office recorded 11,876 cases in 2023, it said in a report published this week.

Over the last decade, suspicious activity reports have increased by an average of 20 to 30% per year. This increase is mainly due to the continuous strengthening, since 2013, of regulatory requirements in terms of due diligence and communication obligations. Financial market supervision and law enforcement have been significantly strengthened.

At the end of the year, the Communications Office (MROS) forwarded 866 reports to the criminal prosecution authorities. This represents a drop of almost 30%.

It is due to the MROS strategy which acts according to risks and focuses on serious crime. In this area, MROS transmitted 43% more complaints to the Federal Prosecutor’s Office compared to the previous year.

ATS

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