The European Union said it is stepping up the fight against illegal cash by enhancing monitoring of money laundering and terrorist financing threats at the EU level. EU ambassadors on 19 December 2018 agreed to give the European Banking Authority (EBA) more power over anti-money-laundering (AML) supervision for financial institutions.

Learn More
Already a member? Sign in to an existing account.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...