On Mar. 14, 2025, Reg-Track added EU AMLA as a regulator on this rule.
On Mar. 7, ACAMS issued new EU AMLA chief's first interview.
EU's new AMLA chief, Bruna Szego, told ACAMS that EU’s new Anti-Money Laundering Authority should directly supervise not only EU banks, but other financial institutions.
Follows, EU CNCL Jan. 2025 Dec 2025/632 appointing Ms Bruna Szego, see #198249.
Interview
Szego said the new authority should not focus only on few financial sectors, but rather select the financial institutions that bear the highest inherent and residual risk.
She is expected to chair the first meeting of AMLA’s general board, which consists of representatives of national supervisors, financial intelligence units, in next few days.
Szego said that in addition to fostering close relationships with those agencies, other EU-level supervisors and law enforcement, she also wants AMLA to regularly consult banks and other financial institutions on emerging, financial crime-related threats, and for input on future, bloc-wide requirements against illicit finance.
Also wants to watch closely that EU’s forthcoming AML regulation, in force Jul. 2027, does not impose unreasonable expenses on commercial institutions will prevent unfair exclusion and de-risking of entire categories of customers from the financial system.
Szego said biggest challenge is ensuring … that best standards in FIUs and supervision will be applied—considering that the starting point is a quite fragmented European landscape—while on the other hand ensuring no one is left behind.
Mar. 2025 Editorial Update
On Mar. 14, 2025, Reg-Track added EU AMLA as a regulator on this rule.
