EU supervisors set out process for cross-border AML data sharing
Agreement will allow ECB and national supervisors to share data on suspected money-laundering
The three European Supervisory Authorities (ESAs) have agreed how the European Central Bank and Europe’s national competent authorities should exchange information on suspected money laundering.
The European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority finalised the multilateral agreement on January 10. The agreement sets out protocols for sharing information between the ECB and different countries’
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