ECB official calls for European action on money-laundering

a photo of benoit-coeure of the ecb
Benoît Cœuré

A senior official at the European Central Bank called for the European Union to have a single anti-money laundering agency following a series of recent scandals.

The European Commission is considering giving an enhanced AML role to the European Banking Authority, the Financial Times reported. Commission president Jean-Claude Juncker is considering formally suggesting that this proposal become law in his “state of the Union” speech on September 12, some reports stated.

ECB executive board

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