Netherlands not tough enough on launderers, finds FATF

The Netherlands has only moderate effectiveness in its AML/CFT policies regarding supervision, preventative measures, legal persons controls and financial sanctions, according to the latest Financial Action Task Force (FATF) mutual evaluation report (MER).

By Keith Nuthall

The Netherlands has only moderate effectiveness in its AML/CFT policies regarding supervision, preventative measures, legal persons controls and financial sanctions, according to the latest Financial Action Task Force (FATF) mutual evaluation report (MER). [1]