Egmont Group’s Horizontal Analysis of AML/CFT effectiveness in Europe II reveals weak FIU capacity, poor-quality STRs, and slow cross-border cooperation undermine financial intelligence against ML

The Egmont Group’s Europe II horizontal analysis examines how jurisdictions perform on Immediate Outcome 2 (international cooperation) and Immediate Outcome 6 (use of financial intelligence), drawing on findings from FATF and MONEYVAL mutual evaluations. It identifies recurring weaknesses such as inconsistent STR quality, limited law-enforcement uptake of FIU intelligence and capacity constraints, while showing that strong inter-agency cooperation, proactive dissemination and robust IT systems are key drivers of higher effectiveness…