Almost 11,000 possible cases of money laundering were reported in the previous year. This is a clear plus compared to 2023, as the Financial Market Supervision (FMA) announced Tuesday evening. “The figures show that the consciousness of money laundering has arrived in the financial sector,” said FMA board member Eduard Müller.
If money laundering is actually proven, the FMA is praised by the FMA. In the previous year, the affected had to pay a total of nearly 4.5 million euros. “We are pursuing a zero tolerantie policy in preventing money laundering,” said Müller. Supervision started in 2024 78 investigation. For exams on the spot (20 in the previous year), it is examined what the responsible persons know for prevention about money laundering.
A study by the Antigeldwash unit Fatf, which is located on the OECD, is currently underway. It is taken care of whether the respective country meets worldwide standards when combating Geldwit and is internationally cooperative. In Austria, the tests will soon be on site.
Publicly accessible lists
The results of these studies are publicly visible. If a state ends up on the so -called “gray list”, this means that there are significant defects in the fight against money laundering. This is usually associated with restrictions in international money traffic and economic damage. Austria is currently on the so -burned “white frame”. There is considerable progress on the financial market here in the recent past, said FMA board member Helmut ETTL.
Towards the end of the year, 80 to 100 extra employees must be employed by the EU anti-money laundry party Amla. Among other things, they must recognize new criminal patterns or dangers and strengthen the collaboration between Kruisborder. Vienna also applied for this chair, the race eventually made Frankfurt.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
