FIA Releases 2020-2022 Money Laundering Trends and Typologies Report
The Financial Intelligence Authority has released a Report on trends and typologies on money laundering covering the period from 2020 to 2022.
The Report highlights a range of trends observed by the FIA such as use of Non-Governmental Organisations (NGOs) to defraud people, layering of funds, dealings contrary to residential permit conditions, duping people into opening accounts or using third party accounts with an intention to use them for fraudulent activities, and abuse of exchange control regulations. Download the report under Publications Link.
