The proposed Anti-Money Laundering Authority, FIU cooperation, powers and exchanges of information. A critical assessment

Author (Person)
Author (Corporate)
Publisher
Series Title
Series Details PE 733.968
Publication Date July 2022
ISBN 978-92-846-9680-2
EC QA-08-22-264-EN-N
Content Type

Abstract:

This study evaluates selected aspects of the European Commission's AML/CFT reform package presented on 20 July 2021, focusing on two main topics. First, it analyses the AML Authority direct supervisory powers and their effectiveness. Second, it illustrates how the reform package intends to foster coordination and information sharing among the FIUs. Recommendations are provided in order to remedy the gaps and weaknesses identified.

Further information:

This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON).

Source Link https://www.europarl.europa.eu/thinktank/en/document/IPOL_STU(2022)733968
Alternative sources
  • https://doi.org/10.2861/52607
Subject Categories ,
Subject Tags , ,
Keywords ,
International Organisations