AMLA
From ACT Wiki
European Union (EU) - money laundering - countering the financing of terrorism.
The Anti-Money Laundering/Countering the Financing of Terrorism Authority.
An EU authority established to protect EU citizens and the EU's financial system against money laundering and terrorist financing.
"AMLA will have direct and indirect supervisory powers over high-risk obliged entities in the financial sector.
This agreement leaves out a decision on the location of the agency’s seat, a matter that continues to be discussed on a separate track."
Anti-money laundering: Council and Parliament agree to create new authority, European Council, Press release, 13 December 2023.
See also
- Anti money laundering
- Bank
- Countering the financing of terrorism
- European Council
- FinCEN
- 4MLD
- Know-your-customer
- Money laundering
- Financial Crimes Enforcement Network (FinCEN)
- Non-bank financial intermediaries (NBFIs)
- Office for Professional Body Anti-Money Laundering Supervision
- PSC
- Sanctions
- Travel rule
