Yearbook of the Estonian Financial Intelligence Unit: persistent risks require contribution from all parties

The Financial Intelligence Unit (FIU) assesses in its recent yearbook, that the risks of money laundering and sanctions evasion remain persistent in 2024. Several schemes have been uncovered, and suspicious funds entering Estonia's financial system have been obstructed. As a result of administrative proceedings, companies that did not comply with the law or were no longer active, have renounced their authorisations or lost their right to provide services.