Tag: anti-money laundering

  • EU to Set Up A New Anti-Money Laundering Agency By 2026

    EU to Set Up A New Anti-Money Laundering Agency By 2026

    European Union (EU) countries currently are competing for the right to host the new EU Anti-Money Laundering Authority (AMLA), which is expected to be fully operational by the end of 2026.Establishing AMLA is part of a legislative package aimed at implementing the 2020 EU action plan for a comprehensive Union policy on preventing money laundering…