EU AML/CTF Authority: Success factors for a fit-for purpose EU AML/ CFT regime and architecture

AMLA is an essential step towards transforming and enhancing AML/CFT supervision. A capable AMLA has the potential to improve the resilience of the European financial system, reduce the likelihood of systemic errors, and allow individual cases to be handled with greater efficiency. It must be ensured that AMLA has a broad mandate, covering a range of players in the financial sector…