Dutch FIU sets up bank liaison system to share anonymised AML analysis

By Sara Lewis

The Dutch Financial Intelligence Unit (FIU-Nederlands) [1] and four major banks - ABN AMRO, ING, Rabobank and de Volksbank – have set up the Fintell Alliance NL, a public private partnership (PPP) to work together at one physical location to combat the estimated €16 billion (US$18 billion) laundered through the Netherlands each year. [2]