Germany has a worse record on money-laundering than Cyprus, according to assessments by the Financial Action Task Force (FATF), the global body charged with tackling money-laundering. The FATF and MoneyVal have published evaluation reports for all 17 countries in the eurozone. A comparative table that was published on the Cyprus Ministry of Finance website this week shows that Germany is completely non-compliant in five of the FATF-recommended areas, whereas there are no areas in which Cyprus is completely non-compliant. Read on