International Adviser on 31st 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/