Nasdaq Verafin Report Finds that $750 Billion in Money Laundering and Illicit Funds Flowed Through Europe

New insights from our research reveals that of all funds laundered across Europe, $194.9 billion was moved across borders, representing more than a quarter of the total estimates for money laundering activity in the region in 2023. With cross-border transactions increasing globally, pan-European and international financial flows are a significant vector for illicit activity. This expert analysis highlights the scale of financial crime across the region, which significantly impedes the growth and security of ...