World Money Laundering Report Unveils New Sponsor

For immediate release


World Money Laundering Report Unveils New Sponsor

Hilversum, Holland and London, England.


World Money Laundering Report, the leading international monthly analytical journal for those engaged in detecting and deterring money laundering and terrorist financing today announced that it has expanded its sponsorship ranks. Beginning in January, NetEconomy, the leading provider of real-time enterprise risk monitoring solutions for the finance industry, has agreed to a sponsorship agreement. NetEconomy will press its message home to banks, insurance companies and others - with a groundbreaking arrangement to sponsor subscriptions to World Money Laundering Report. .

The arrangement will provide for 500 counter-money laundering specialists in financial institutions to receive the monthly journal..

NetEconomy recently opened its Asia Pacific representative office in Kuala Lumpur, where World Money Laundering Report has its editorial offices and technical services.

”Customers have always appreciated NetEconomy’s unique perspective on their anti-money-laundering and financial crime fighting challenges. By sponsoring this important publication, we are providing another tool and an education vehicle to help safeguard financial institutions,” stated Alison Holland, CAMS, Director of Worldwide Marketing, NetEconomy.


Alicia Eng, Head of Marketing, The Anti Money Laundering Network which owns World Money Laundering Report, said "we are delighted to have NetEconomy as a sponsor for this exciting initiative, which is so much more than mere advertising. Both companies will achieve great benefits from this arrangement, as will the subscribers who receive the publication at no charge to them or their company. It's more than win-win, it's win-win-win."

Contacts:

For NetEconomy
Alison Holland, CAMS Jean Serra
Director, Worldwide Marketing FitzGerald Communications
aholland@neteconomy.com Jserra@fitzgerald.com
+1 508 893 6066 +1 617 585 2262

For World Money Laundering Report:
Alicia Eng, Head of Marketing, The Anti Money Laundering Network / World Money Laundering Report c/o AML Net Sdn Bhd, Level 26 Menara IMC, 8 Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia. Tel +6 03 2142 7588. E-mail via contact form at www.wmlro.com. Media email contact press@antimoneylaundering.net


Notes for editors:

About NetEconomy
NetEconomy, founded in 1993, is the leading provider of real-time enterprise software solutions to financial institutions for monitoring transactions to prevent, detect and manage financial crime, including money laundering, employee fraud, external fraud and market abuse. NetEconomy brings business value to its global customer base by minimizing business and regulatory risk, increasing profitability, and protecting corporate brand/reputation. NetEconomy is headquartered in The Hague, with offices in Boston, London and Kuala Lumpur, and distributors and strategic partners across South Africa, Middle East, Caribbean, Europe, South (East) Asia and the United States. For more information visit www.neteconomy.com.



About World Money Laundering Report
1 World Money Laundering Report is edited in Kuala Lumpur from sources all over the world. It is published in London by Vortex Centrum Limited and in January 2006 commences annual volume 7. www.vortexcentrum.com

2 qualifying subscribers will be contacted by the publisher. No unsolicited applications to join the scheme will be entertained.

3 money laundering is the process by which criminals disguise the origin of the proceeds of their crimes

4 laws and regulations regarding money laundering are now in place in approximately 90% of the world's countries.

5 different regions of the world have different crimes that generate the most proceeds. In some places illegal narcotics dominate, in others smuggling of people or gems or even timber are the primary problem and in yet others corruption, embezzlement and fraud are at the forefront.

6 money launderers use international transactions, often within the same financial services group to move proceeds of crime around the world with a degree of privacy and linking data between divisions and between offices is an essential part of the counter-money laundering mix

7 World Money Laundering Report is edited by Nigel Morris-Cotterill, Head, The Anti Money Laundering Network who is regarded as one of the world's leading counter-money laundering strategists. Details at www.antimoneylaundering.net