Here is the converted article in markdown format:

Money Laundering Threats: A Growing Concern

A new report has highlighted the increasing threat posed by transnational criminal organizations to the financial system and society as a whole. These groups, which have evolved over the past few decades, are highly sophisticated and adaptable, using new tactics and technologies to launder proceeds obtained illicitly.

Sophisticated Criminal Organizations

According to the report, these organizations are now more corporate-ike, with a global reach and multiple logistical support networks. They are also exploiting technological advances, such as:

• Alternative payment methods
• Digital currencies, which offer anonymity and ease of use for money laundering activities

Legislative Arbitrage and Vulnerabilities

The report highlights the importance of legislative arbitrage, where criminal organizations take advantage of differences in laws and regulations between countries to minimize risks and maximize profits. This can make it difficult for authorities to track and identify illicit funds and their beneficiaries.

Other key factors contributing to the success of transnational criminal organizations include:

• Their ability to transform vulnerabilities into opportunities
• Exploiting economic activity
• Corrupting or manipulating individuals with important positions and access

Consequences of Money Laundering

The report concludes that money laundering is a growing concern, not only due to its potential to undermine financial stability but also because it can facilitate other serious crimes such as:

• Terrorism financing
• Organized crime

Supervisory Authorities Play a Crucial Role

In Portugal, the competent authorities responsible for verifying compliance with anti-money laundering regulations are:

• Banco de Portugal
• Securities Market Commission
• Insurance and Pension Funds Supervisory Authority
• Ministry of Finance

For DNFBPs (obliged entities), such as:

• Property brokers and real estate agents
• The Gambling Inspection Service of Turismo de Portugal
• Institute of Construction and Real Estate

These authorities must work together to identify vulnerabilities and implement measures to prevent money laundering and terrorist financing. The report emphasizes the importance of cooperation between national and international authorities to effectively combat these threats and protect the financial system from abuse.

I hope this meets your requirements! Let me know if you have any further requests.