Adverse Screening v. Positive Screening

On leaving his position as Europol's Director in 2018, Rob Wainwright said: "We have identified 400 top money launderers who are running billions through the European banking system with a 99% success rate." It's unlikely this has changed in the last six years, writes Tim Parkman of Marker. The statement, almost comedic in its frankness given the international effort lavished on AML regulation over the last 35 years, begs a big question: Why is it apparently so easy for them?

Tim Parkman (+44 (0)345 077 3202, tim.parkman@marker-ai.com), Director, Client Delivery, Marker AI Limited (www.marker-ai.com).

On leaving his position as Europol's Director in 2018, Rob Wainwright said: "We have identified 400 top money launderers who are running billions through the European banking system with a 99% success rate." It's unlikely this has changed in the last six years, writes Tim Parkman of Marker. The statement, almost comedic in its frankness given the international effort lavished on AML regulation over the last 35 years, begs a big question: Why is it apparently so easy for them?