News
A single EU anti-money laundering rulebook
20 Sep 2021

After multiple directives, several high-profile money laundering scandals, and numerous policy papers, the evidence is clear – money laundering remains an undiminished threat within the EU.

The European Commission summarises the consequences as follows: criminals and terrorists have a sustained means to jeopardise public security, the incidence of money laundering damages the reputation of jurisdictions, resulting in the withdrawal of financial services, which in turn has negative effects on investment, and damages the EU internal market.

By Charles Cronin, Times of Malta, 19 September 2021

Read more at Times of Malta

RiskScreen: Eliminating Financial Crime with Smart Technology

You can claim CPD minutes for this content, by signing up to our CPD Wallet

FREE CPD Wallet