Money-laundering and terror financing: EBA publishes EuReCA Factsheet

Paris, 29 June 2023

In January 2022, the EBA launched EuReCA, its central anti-money laundering and countering the financing of terrorism (AML/CFT) database.

The EBA has now published a factsheet that summarises what EuReCA is, who reports into it and how the EBA uses information from EuReCA to foster an effective approach by EU supervisors to tackling financial crime risks in their sector. It also provides some statistics and examples from EuReCA’s first year.

Source – EBA – Email