Christof Schulte news and trends

Backlog Forces Resignation of Germany’s Anti-Money Laundering Head

December 15, 2022
AML, anti-money laundering, Christof Schulte, Germany
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Backlog Forces Resignation of Germany’s Anti-Money Laundering Head

December 15, 2022
The leader of German’s anti-money laundering office has reportedly resigned. Christof Schulte, who had overseen Germany’s Financial Intelligence Unit (FIU) since 2018, stepped down Thursday (Dec. 15) following the revelation that the government had kept a large backlog of suspicious activity reports from the Paris-based Financial Action Task Force. That’s according to a report by […]