The Fight Against Money Laundering: the Notarial Profession Has Reported the Largest Number of Suspect Financial Operations



The laundering of dirty money is one of the most difficult hurdles for the development of the Italian economy. According to estimates by Eurispes and Confesercenti’s usury monitoring unit, the phenomenon represents 10% of GDP – a total of between 75.7 and 110 billion euros –  as compared with the 5% worldwide estimated by the International Monetary Fund.

For years now in Italy professionals have been making a growing contribution in the struggle against money laundering and this culture is still developing rapidly amongst economic and legal operators.

A study by the Bank of Italy’s Financial Information Unit shows that, amongst the professions called upon to collaborate in fighting this phenomenon,  from 2007 to the present it is notaries who have provided the largest number of reports of suspect operations (482) .

The Notariat is working to set up additional protocols with the Guardia di Finanza [Fiscal Police] and the Interior Ministry’s Anti-Mafia Investigative Unit (DIA) to allow requests for further investigation of operations to be managed on-line in an anonymous manner.

Moreover, the Notariat is willing to host the computerised files needed by the DIA and the Ministry of Justice.

 These measures are a further step in the fight against money-laundering. 

Share on facebook
Share on twitter
Share on linkedin
Altri Articoli



During this health and economic emergency, Europe’s 45,000 notaries are personally and collectively committed to playing their full role in the community effort to overcome the pandemic and to mitigate as far as possible the significant personal losses that are and will be suffered by large numbers of citizens



Thanks to these two Regulations, the conflict of laws rules are now unified between the Member States participating in the enhanced cooperation to determine the applicable law and the competent court which will decide on the division of assets in the event of separation of the couple or death



Produced with financial support from the European Commission, this website provides information on the evidentiary value of authentic acts drawn up in the 22 countries of the European Union familiar with notarial practice in matters of succession and family law



He succeeds Spanish notary José Manuel García Collantes.



From today he is President of the 40,000 notaries of the European Union – He takes over from Mr Paolo Pasqualis



These stories, from times past and present, emerge from the provisions of the last wills and testaments of famous men and women as well as of ordinary people. They make interesting and in some cases even comical reading. Those who choose to give a noble end to their existence through a charitable bequest turn their will into a story of love for their fellow man and send a message of hope to new generations.