EGMONT GROUP LOOKS FOR NEW EU AML COORDINATION AND SUPPORT SYSTEM TO DELIVER PRACTICAL HELP TO FIUS
December 2nd, 2020
THE CHAIR of the Egmont Group, which links and advises financial intelligence units (FIUs) worldwide, hopes that a new European Union (EU) AML coordination and support infrastructure now under consideration for FIUs will help European FIUs deal with complex cross-border AML cases. The network could, if approved, operate alongside (but separately from) a new proposed AML supervisory body helping regulate AML/CFT reporters who send suspicious transaction reports (STRs) to FIUs.
Hennie Verbeek-Kusters, chair of the Egmont Group, who is also head of the ‘FIU – ...
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