Tag: AMLA

Switzerland’s financial sector is undergoing a sweeping transformation in its fight against financial crime, prompted by new regulations set to take effect in 2025....

The European Union has introduced a major overhaul of its anti-money laundering framework with the creation of the Anti-Money Laundering Authority (AMLA) and the...

The European Banking Authority (EBA) has published a new consultation outlining proposed Regulatory Technical Standards (RTS) to overhaul how anti-money laundering (AML) and counter-terrorism financing (CFT) are supervised across the EU. The proposed changes are intended to create consistency, clarity and stronger oversight across the bloc while informing the work of the new Anti-Money Laundering Authority (AMLA).

Europe’s payments market remains a patchwork of national regulations despite ongoing moves towards harmonisation. For FinTechs and other payment firms, this fragmentation creates major...

AMLA and the European Supervisory Authorities have signed an agreement to enhance cooperation and information sharing to combat money laundering across the EU.

A new era of anti-money laundering and counter-terrorism financing oversight is being ushered in by the European Union through the introduction of AMLAR, the...

According to recent analyses, such as a report from NASDAQ, financial crime continues to funnel a staggering $3.1 trillion through the global financial system...

As 2024 progresses, regulators worldwide find themselves increasingly busy, grappling with the dual challenges of an ever-changing geopolitical landscape and the rapid evolution of technology.

In a significant announcement made in February, the Council of the European Union revealed that Frankfurt has won the competitive bid to host the Anti-Money Laundering Authority (AMLA), marking a pivotal moment for regulatory oversight within the EU.

The European Parliament and Council have reached an agreement on the establishment of an Anti-Money Laundering Authority (AMLA).