EU NEEDS SINGLE AML AUTHORITY, SAYS THINKTANK

International Adviser on 31^st October reported that the EU should set up a single AML authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report.  The report is entitled “A Better European Union Architecture to Fight Money Laundering” and is written by Joshua Kirschenbaum and Nicolas Véron.

https://international-adviser.com/eu-needs-single-anti-money-laundering-authority-says-thinktank

The report is available at –

http://bruegel.org/2018/10/a-better-european-union-architecture-to-fight-money-laundering/

10-minute podcast at –

http://bruegel.org/2018/10/deep-focus-how-to-improve-anti-money-laundering-efforts-in-europe/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017