Nordic-Baltic Regional Report : Technical Assistance Report-Nordic-Baltic Technical Assistance Project Financial Flows Analysis, AML/CFT Supervision, and Financial Stability

Recent money laundering cases have exposed financial integrity risks from cross-border payments and potential impact on financial stability to the integrated Nordic-Baltic financial sector, attracted international scrutiny of anti-money laundering and combating the financing of terrorism (AML/CFT) supervision throughout the region, and so accelerated the momentum for reform. The purpose of the project is to conduct an analysis of cross-border money laundering (ML) threats and vulnerabilities in the Nordic-Baltic region - encompassing Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden (the Nordic-Baltic Constituency or NBC) - and issue a final report containing recommendations for mitigating the potential risks