Prepaid Cards And Cryptocurrency Remain Top Dirty Money Risks, Finds Report

Platforms that allow anonymous transactions such as prepaid cards and cryptocurrencies remain pressing threats to financial integrity in Europe, the European Commission said on Wednesday, as it issued new recommendations to national authorities. 

The commission is obliged to produce a supranational risk assessment on the money laundering and terrorist financing risks facing the bloc every two years. 

The 2019 report has found that many of the recommendations published in the 2017 assessment have not been sufficiently heeded by national competent authorities. 

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