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Swiss banks face pressure under new AML rules
Switzerland’s sweeping 2025 reform of its anti-money laundering (AML) regime has introduced significant changes that are transforming compliance expectations for financial institutions.
According to Moody's,...
Adapting to the EU’s AML overhaul with smart compliance
The European Union has implemented its most sweeping anti-money laundering reform in over a decade, introducing the Anti-Money Laundering Authority (AMLA) and a new...
EU’s AML reforms: four key RTS changes explained
The European Banking Authority (EBA) has unveiled a series of proposals designed to streamline and strengthen anti-money laundering (AML) and counter-terrorism financing (CFT) measures across the EU. The proposed Regulatory Technical Standards (RTS) seek to create a unified approach for AML/CFT supervision, aligning the practices of supervisors and financial institutions in all Member States.
How FinTechs can thrive under PSD3 and DORA
Europe’s payments market remains fragmented despite ongoing efforts to harmonise rules across the bloc, creating persistent challenges for FinTechs looking to scale cross-border. Divergent...
AMLA and ESAs join forces to tackle money laundering
AMLA and the European Supervisory Authorities have signed a memorandum of understanding to strengthen cooperation and information exchange across the EU’s financial system.
EU’s AMLAR shakes up anti-money laundering oversight
A new era of anti-money laundering and counter-terrorism financing oversight is being ushered in by the European Union through the introduction of AMLAR, the...
How 6AMLD is shaping the future of AML efforts in Europe
According to recent analyses, such as a report from NASDAQ, financial crime continues to funnel a staggering $3.1 trillion through the global financial system annually.
Navigating regulatory challenges amidst shifting global trends
As 2024 progresses, regulators worldwide find themselves increasingly busy, grappling with the dual challenges of an ever-changing geopolitical landscape and the rapid evolution of...
AMLA’s new home in Frankfurt: Strengthening EU’s fight against financial crime
In a significant announcement made in February, the Council of the European Union revealed that Frankfurt has won the competitive bid to host the Anti-Money Laundering Authority (AMLA), marking a pivotal moment for regulatory oversight within the EU.
EU’s battle against money laundering strengthens with AMLA agreement
The European Parliament and Council have reached a political agreement on the establishment of an Anti-Money Laundering Authority (AMLA).
