This e-presentation gives a detailed overview of the most recent legislation and upcoming developments at EU level against money laundering and terrorist financing. It highlights the need for an effective implementation of the existing EU AML/CFT framework as well as upcoming regulatory and institutional reforms based on the EU AML Action Plan 2020: a single AML/CFT rulebook, EU-level supervisor and EU coordination and support mechanism for FIUs. The need for efficacious AML public-private partnerships and how these should function is also explained, as is the effect of Brexit and the EU-UK Cooperation Agreement on countering money laundering and terrorist financing.
e-Presentation | June 2021 | Learning time: 52 minutes
Chiara Bacci, Team Leader for Enforcement of the EU AML/CFT Policy, Financial Crime Unit, DG FISMA, European Commission, Brussels.
Watch the premium version Purchase the premium version