Webinar

Tackling dirty money: A closer look at AML supervision in the EU

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Economic and monetary affairs

When
Monday
Webinar

Tackling dirty money: A closer look at AML supervision in the EU

Members only

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It is estimated that 2-5% of global GDP is laundered annually, with an overall recovery rate of illicit assets at just 1.1% in Europe, according to Europol. Tackling money laundering is a longstanding policy priority, but one pursued with limited success. 

As part of the proposals to tighten control of money laundering, the EU Commission is proposing a single agency (AMLA) to have a single system in AML supervision in the EU, and to directly supervise the riskiest institutions. The national banking account systems will be interlinked, which should also facilitate the work of the financial intelligence units (FIUs). Rules will also be fully applicable to crypto-payments.  

CEPS is organising a closed-door webinar to gather some initial reactions to the new proposals.

For CEPS members and members of the AML task force only.

Host
Karel Lannoo Karel Lannoo
Karel Lannoo

Chief Executive Officer

Speakers list
Eero Heinäluoma

MEP, European Parliament

Raluca Prună

Head of Unit, DG FISMA, European Commission