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Europe needs a money laundering czar to lead crackdown

  “A European anti–money laundering supervisor: From vision to legislation” By Nicolas Véron and Joshua Kirschenbaum, courtesy of the Bruegel Institute   The European Union is moving toward implementing a policy to strengthen anti–money laundering (AML) supervision across its Single Market, namely enforcing requirements on banks and other firms to ensure they do not facilitate […]

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Don’t let regulations cancel advantages of bank integration

  “Crisis management for euro-area banks in central Europe” By Alexander Lehmann, courtesy of Bruegel Institute   The deep involvement of a number of euro-area banking groups in central and southeastern Europe has benefited the host countries and has strengthened the resilience of those banking groups. But this integration has become less close because of […]