Money laundering on the rise – what to do?
Despite the tightening of the German Money Laundering Act, spectacular cases of fraud are increasing. The WireCard case, for example, reflects all facets of money laundering and shows that even a DAX company can crash within a few weeks.
Only recently, business premises and apartments were searched in several federal states. The focus is on German customers of a bank based in Puerto Rico. The suspicion: tax evasion and money laundering.
The laws are clearly regulated. Companies need to do more to prevent money laundering.
For this purpose, SIGNUM Consulting offers a software solution – the Compliance Incubator – which can be used to audit business partners worldwide for money-laundering indicators. We are happy to inform you about our award-winning compliance solution.