Europol’s 2023 report

Published on 12th September 2023

Europol has issued its 2023 assessment of the risks of financial and economic crime.

It features Virtual Accounts and the unique identifier for them: Virtual IBANs or International Bank Account Numbers.

We have raised this issue to the trade body for the sector most actively using Virtual IBANs – Project Financial Crime of The Payments Association – and to the Financial Conduct Authority. No response so far from either organization, of course.

You can download the report here.