The UIF has published its fourth newsletter of 2022, which reports the main activities carried out in the first half of the year.
In this timeframe, the UIF received 74,233 STRs, up by 5.9 per cent compared with the first half of 2021, in line with the steady rise observed in the years 2018-2020, following the exceptional increase of last year. 72,658 reports were analysed in this timeframe (+ 5.6 per cent).
The UIF issued 19 suspension orders for a total amount of €3.4 million.
The exchanges of information with the judicial authorities and the investigative bodies remained substantial, while cooperation with foreign financial intelligence units increased.
The inspections of banks and financial intermediaries focused on the sale of loans, pledged-asset lending and the Fintech sector.
In the first half of 2022, Legislative Decree 231/2007 was amended to reinforce the confidentiality guidelines concerning anti-money laundering information (Law 15/2022) and to regulate information exchanges between the UIF and the central services of the State Police, the Carabinieri and the Finance Police corps to prevent and combat terrorism (Law 25/2022).
