GERMANY: RECORD INCREASE IN MONEY LAUNDERING CASES

Highlights:

• The federal anti-money laundering unit of Germany has registered a record increase in the money laundering cases
• The cases of money laundering have increased almost 50% as compared to the previous year

On Tuesday, the federal anti-money laundering unit of Germany have registered a record of 114,914 cases of money laundering and financing of terrorism that were suspecte....