Think tank calls for new European AML Authority

摘要

THE creation of a new European Anti-Money Laundering (AML) Authority is needed to respond to money laundering challenges in the EU, a think tank has said. The new Authority should have high standards of governance and independence, publish all its decisions and be empowered to impose sufficiently large fines to deter malpractice, Bruegel said in a policy contribution titled ‘A Better European Union Architecture to Fight Money Laundering’