As the risk of fraud, money-laundering and financial crime grows amid waves of new technologies and geopolitical changes, institutions like the European Commission (EC) need a comprehensive understanding of private companies.
As part of these efforts to tackle financial crime, the EC’s Anti-Fraud Office has agreed a €34m deal with Moody’s Analytics to be its provider of company information and data. Selected EU institutions, including Europol and the European Banking Authority, will have direct access to Moody’s Orbis database, which provides company data, information on connected individuals and comprehensive risk indicators.
