Austria falling short in fight against money laundering, says global watchdog
VIENNA, April 30 - Austria continues to fall short in its investigation and prosecution of money laundering despite facing a range of illicit finance threats as a gateway to Eastern Europe, the global financial crime watchdog said in a report on Thursday. Read more at straitstimes.com. Read more at straitstimes.com.
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Austria falling short in fight against money laundering, says global watchdogSign up now: Get ST's newsletters delivered to your inboxA general view of the city skyline in Vienna, Austria, April 16, 2025. REUTERS/Elisabeth MandlPublished Apr 30, 2026, 06:18 AMUpdated Apr 30, 2026, 06:23 AMListenVIENNA, April 30 - Austria continues to fall short in its investigation and prosecution of money laundering despite facing a range of illicit finance threats as a gateway to Eastern Europe, the global financial crime watchdog said in a report on Thursday.The Paris-based Financial Action Task Force found in the so-called mutual evaluation report, a review carried out by experts from other FATF countries, that while Austria had made some progress since its last such review 10 years ago, much still…
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