Greece’s measures to combat money laundering and terrorist financing


 3 September 2019

Greece has the foundations for effective action against money laundering and terrorist financing. However, it needs to improve prosecution of these crimes and focus more on the risks that face the non-financial sector.

The Financial Action Task Force (FATF) assessed Greece’s anti-money laundering and counter terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of Greece’s measures and their compliance with the FATF Recommendations.