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OPINION: Joint warning from top three global fincrime agencies needs to be wake up call for governments asleep to AML risks

Premium May 13, 2024

JAILED: 'Super cartel' member Ridouan Taghi was jailed for life in the Netherlands after being extradited from UAE. Masked and armed police surrounded the courthouse, known as the Bunker, in an Amsterdam suburb as the judges, who were not named and whose faces were hidden from view, read out the sentences. Drones and a police helicopter circled overhead. It was yet another example of the creeping influence and danger posed by transnational organised crime across the globe.

INSIGHT: Read Eurogroup President Paschal Donohoe’s full Keynote Address to EAFCS2025

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NEWS: Ireland proposes forcing Big Tech firms to vet online ads for scams

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LATEST: Swiss prosecutor appeals UBS acquittal in Credit Suisse money laundering case

By PAUL O’DONOGHUE, Senior Correspondent

THE unprecedented warning from some of the world’s most influential organisations that international AML measures have to be tightened is no routine advisory – it should be taken as a blaring siren signalling the need for urgent reform.

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INSIGHT: Read Eurogroup President Paschal Donohoe’s full Keynote Address to EAFCS2025

 Premium

NEWS: Ireland proposes forcing Big Tech firms to vet online ads for scams

 Premium

LATEST: Swiss prosecutor appeals UBS acquittal in Credit Suisse money laundering case

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  • Bruna Szego addresses the public for AMLA in Dublin

    AMLA

    At the European Anti-Financial Crime Summit in Dublin, Ms. Bruna Szego, the inaugural Chair of the European Anti-Money Laundering Authority (AMLA), delivered a keynote speech, to an audience of public and private sector stakeholders, highlighting the Authority’s strategic priorities and the urgent need for unified, cross-sector action against financial crime. Ms. Szego underscored the transformative potential of AMLA, describing it as "a significant step ushering in a new chapter of enhanced cooperation and unified action in our shared mission to counter money laundering and terrorism financing."

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