In 1997, in keeping with international experience, which relies on a Financial Intelligence Unit as the heart of the system of prevention and suppression of money laundering, Italy centralized the functions of reception and analysis of the reports within a single body, the Italian Foreign Exchange Office (Ufficio Italiano Cambi, UIC), assigned to inquire solely into the financial aspects.
This is almost a time of new beginnings in Europe in many, many ways – especially as of 1 November – but it’s new beginnings for you as well.