HALISTER1: Bank of Italy Reviewed EU88b of Suspicious Transactions Last Yr

Bank of Italy Reviewed EU88b of Suspicious Transactions Last Yr

(Bloomberg) -- The central bank’s intelligence unit was asked by financial institutions to review suspicious transactions totaling EU88b for possible money laundering or other crimes, Bank of Italy Governor Ignazio Visco says in speech in Rome.
  • Prosecutors examined about 84,000 transactions out of over 100,000 reviewed and submitted by the central bank’s unit
  • About 60,000 required the opening of formal investigation, with 7,000 eventually prompting criminal proceeding

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
1039702D IM (Bank of Italy)

People
Ignazio Visco (Banca d'Italia)

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