“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 […]
Tag: money laundering
Better late than never: EU gears up to tackle money laundering
“A Major Step Toward Combating Money Laundering in Europe” By Nicolas Véron and Joshua Kirschenbaum, courtesy of the Bruegel Institute The struggle to combat money laundering in Europe took a momentous step forward on November 8 when the finance ministers of France, Germany, Italy, Latvia, the Netherlands, and Spain put forward a joint position paper. […]