PORTUGAL MONEY LAUNDERING REGULATIONL FEATURE
June 1st, 2006
BY LIZ HALL, in Alicante
IMPROVEMENTS in Portugal's ability to detect crime detection, combined with increased vulnerability within the tourist property development arena, mean we could see another Operation White Whale in the next few years, its tip emerging in Portugal rather than Spain, experts warn.
Whilst financial crimes more than doubled in Portugal last year, historically Portugal has enjoyed a low crime rate. Portugal is nowhere to be seen in the list of major money laundering countries in the 2005 International Narcotics Control Strategy Report from ...
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