The First Unit of the Anti-Money Laundering Authority
Activities conducted a significant number of investigations into money laundering
criminal activities, as a result of possible execution of various economic nature,
mainly, crimes, through the abusive exploitation of Urban Non-Profits
of Companies (AMKE).
The investigations led to the identification of related basic offenses and in
clarification of the methodology of their perpetration. In addition to these, methodologies were identified
laundering of the monies obtained from the illegal activity and
the commission of the basic offences, as well as related typologies of abuse
exploitation of AMKE. Also, an important part of this research is the recording
of certain red flags that can assist in detection
of similar cases by the involved Authorities & the persons subject to Law 4557/2018.
Finally, certain weaknesses/vulnerabilities of the system are identified and recorded,
which can be a springboard for the further armoring of the current one
legislation with the inclusion of additional specifications and safeguards in
this field, as well as for the more effective coordination of the co-authors
bodies, with the aim of mitigating the illegal profit-making exploitation of AMKE and
similar non-profit organizations and the fight against legalization
proceeds from related criminal activities.
More information can be found at the following link: