By Dan Byrne for AMLi
EUROPEAN financial institutions will likely foot part of the bill as the EU gets tougher on money laundering, the bloc’s finance chief has confirmed.
First reported by inside sources close to AMLintelligence in February, the move now looks certain to be part of the EU’s planned overhaul of its AML defences – bringing more powers to Brussels in the form of a single rulebook and supervisor.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
