Nasdaq Verafin Report Finds that $750 Billion in Money Laundering and Illicit Funds Flowed Through Europe
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Nasdaq Verafin's Financial Crime Insights: Europe report exposes massive financial crime landscape, revealing €750 billion in illicit funds flowed through Europe's financial system in 2023, representing 2.3% of total European GDP. Over €194.9 billion was moved across borders, highlighting significant cross-border financial crime risks.
March 31, 2025 | 6:15 am
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Nasdaq's subsidiary Verafin's comprehensive report underscores the critical need for advanced financial crime management solutions, potentially positioning NDAQ as a key technology provider in this space.
The report directly promotes Nasdaq Verafin's technological solutions, potentially attracting more financial institutions and investors interested in advanced financial crime prevention technologies.
CONFIDENCE 85
IMPORTANCE 75
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