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GELDWÄSCHE-PARADIES: Christian Lindner will Kampf gegen Finanzkriminalität neu organisieren

Aug 24, 2022

GELDWÄSCHE-PARADIES: Christian Lindner will Kampf gegen Finanzkriminalität neu organisieren

and this is how we are now connected with judith henkel reporter from the world investigation department hello judith what do you think after your research on the subject in what sizes of what order of magnitude are we talking about where the money from criminal transactions is introduced into the legal economic cycle at all, so there is a number, the federal ministry of finance assumes 100 billion euros per year, but it may be that this is just the tip of the iceberg because in the end it is not possible to put a precise number on it and the The problem with this is, of course, that criminal organizations have a motive to make money and as long as you don't turn off the money spigot to prevent them from laundering the money they have earned from criminal acts, you can ultimately reduce the crime that emanates from them. of these organizations.
geldw sche paradies christian lindner will kampf gegen finanzkriminalit t neu organisieren
What problems have there been in general in the fight against money laundering? Yes, as an effect to a large extent. Only ineffective applies in this country, that is, bafin, there are also up to now and the banks are already obliged to raise the alarm if money laundering is suspected, yes, so could you summarize the problem with the Burmese authorities or confusion of jurisdiction, so that by the time a bank or another has committed For example, a car dealer or a jeweler, whenever they notice something suspicious, for example, if a customer is behaving in a suspicious manner, they must file a suspicion report to the UAF, which is based in customs and evaluates these suspicion reports.
geldw sche paradies christian lindner will kampf gegen finanzkriminalit t neu organisieren
The problem is, firstly, that this authority does not have sufficient access to the databases to be able to analyze this suspicious activity report properly and, secondly, the EU gives a yes, the suspicious activity reports that it considers relevant to follow local investigative authorities, but they are also organized at the federal level, i.e. if the crime was committed in rde Lower Saxony but the money was laundered in bavaria, it is possible that a mediation

will

fail because the authorities have to exchange information with each other because they don't have access to all the data and one has realized that with the sanctions you now even have a task force that should ultimately be responsible for this, the oligarchs can feel it too, but here too, the investigative responsibilities lie in the authorities and that is really different depending on the federal state, so depending on the federal state a different authority is responsible, which also resulted in a request from me that it's more or less a quilt and consequently this initiative by

Lindner

to make everything a top priority and coordinate it centrally is a step in the right direction in my opinion a step in the right direction now speaks to the federal system precisely because the federal and state governments don't communicate with each other working together is a problem what lies beyond that there are still pressing issues that are definitely hindering the fight against money laundering as well of money how would you assess yes, an authority to a central authority which of course is not bad but what is much more important the authority also needs the tools and above all the data and that is where we have a very horrible data situation, especially in real estate, so in real estate in Germany, you can really launder money very easily, you just have It's a network of owners so you set up a GmbH and it in turn has owners and these owners in turn have owners and so on and in the land registry but only the shell company is at the bottom of this chain of owners now the property records in the first place are not digitalized in the second place not at the national level by super and in the third place not with the transparency to yesterday in which at least the next owner or perhaps the usufructuary is not me either Linked from each other, the land registry and the transparency registries are run separately and the registries are also not linked across Europe, which means that if the owner is abroad then you would have to perform another registry search, e.g. which would ultimately need such a real estate registration in germany where you then directly have the final owner and know directly who the owner is of the building and that is not the case at the moment and of course it makes the search for money laundering in real estate even more complicated so the issues are very complex judith enke thank you very much for this rating just very much what to do for the finance minister thank you
geldw sche paradies christian lindner will kampf gegen finanzkriminalit t neu organisieren
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