comparemela.com

Latest Breaking News On - ஐரோப்பிய பாலிஸீ ஆய்வுகள் - Page 1 : comparemela.com

North Macedonia, Albania Face New Obstacles on Path to EU

North Macedonia, Albania Face New Obstacles on Path to EU
voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.

EU to bypass banking agency with new dirty-money watchdog

The EU has a dirty-money problem and it’s finally admitting it. Brussels plans to strip the European Banking Authority of all its anti-money laundering duties and hand them to a new EU anti-money laundering watchdog, according to proposals seen by POLITICO. The plans, set to be published by the European Commission on July 20 and confirming details first reported by POLITICO in January, are designed to repair much of the reputational damage the bloc endured in recent years after a string of scandals revealed a blind spot in banking supervision. Amid concerns over the independence of the EBA’s board after the Paris-based agency failed to hold national regulators accountable for sleeping on the job, the Commission plans to hollow out the agency’s dedicated unit and instead transfer the powers to a new Anti-Money Laundering Authority (AMLA), the draft reveals.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.