Fraud Intelligence
Governments and banks failing to tackle financial crime, says UN
BySara Lewis
Governmentsand banks around the world are doing too little to tackle tax abuses, moneylaundering and corruption, according
to a United Nations report. A 24September [2020] interim assessment [1] from the High-Level Panel onInternational Financial
Accountability, Transparency and Integrity forAchieving the 2030 Agenda (FACTI Panel) found that outmoded financial controlshave
failed to keep pace in a globalised, digitalised world.