Anti-terrorist sanctions: EU Council adds “The Base” to EU Terrorist List
The Base is an organisation of right-wing extremists involved in terrorist acts, which was founded by Rinaldo Nazzaro in 2018.…
The EBA welcomes the entry into force of the AMLA framework
The new legislative framework marks a significant step forward in the EU’s fight against financial crime, with a harmonised and…
EBA finds divergences in “virtual IBANs” issuance and regulation across the EU
The European Banking Authority (EBA) today published a Report on the issuance of what is commonly referred to as ‘virtual…
New rules and a new watchdog: MEPS adopt new laws to fight against dirty money
The EU Parliament has adopted a package of laws strengthening the EU’s toolkit to fight money-laundering and terrorist financing. The…
FATF identifies jurisdictions with deficiencies in fighting money laundering, terrorism financing, and proliferation
The Financial Action Task Force (FATF) highlighted the potential risks to the international financial system, including growing financial connectivity of…
EU Anti-Money Laundering Authority to be based in Frankfurt/Main – Insight EU mini-dossier
Frankfurt/Main has been chosen by Parliament and Council as the seat of AMLA, the EU’s new enforcer in the fight…
EU lawmakers strike deal on single rulebook against money laundering and terror financing
EU Parliament and Council negotiators reached a provisional agreement on the sixth Anti-Money Laundering (AML) directive and the EU “single rulebook” regulation. The…
EBA criticizes management of money laundering and terrorist financing risks
The European Banking Authority (EBA) today published its report on money laundering and terrorist financing (ML/TF) risks associated with EU…
New EU Authority to fight money laundering: EU Council agrees its partial position
Brussels, 29 June 2022 The EU is creating a new body to help fight against...
AML/CFT supervision improving but not always effective, finds EBA
22 March 2022 The EBA published today the findings from its assessment of competent authorities’...