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Transaction Monitoring Netherlands (TMNL), a novel collective
monitoring initiative designed to counter sophisticated money
laundering and terrorism financing activity in the Netherlands, is
set to become operational in 2021. Born out of a series of
roundtable discussions hosted by the Dutch central bank (DNB) in
2017 and 2018, TMNL is a first-of-its-kind private company
established by the five largest Dutch banks ING, ABN Amro,
Rabobank, Triodos Bank, and de Volksbank (the Founding
Banks ). TMNL will work closely with Dutch financial
regulators and law enforcement agencies to curb money laundering