IMF asked to evaluate Nordic and Baltic money laundering prevention
10 Oct 2019

The International Monetary Fund (IMF) is asked to conduct an independent evaluation of money laundering prevention in the Nordic and Baltic region, a member of the Bank of Lithuania’s board said Wednesday.

“A regional monetary prevention evaluation will be performed,” Marius Jurgilas told members of the Seimas Committee on Budget and Finance on Wednesday. “We believe that the IMF is independent; they will carry out that evaluation”. 

The IFM’s findings could be released next year, he added. 

Jurgilas told BNS later that the study would identify the countries’ weaknesses in money laundering prevention. 

“To say if there are things yet to be clarified and improved, if everything has been identified and the bottom has been reached, and we can now start building a healthy financial system,” he said.

Read more by the Baltic News Service via DELFI

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