EU to launch own Anti-Money Laundering Authority

The EU will establish its own Anti-Money Laundering Authority and merge existing guidelines in new regulation, German media outlets report.
Photo: Yves Herman/REUTERS / X00380
Photo: Yves Herman/REUTERS / X00380

A new draft regulation concerning money laundering will be presented at the EU on July 20, AMWatch's German sister media Finanzbusiness.de reports, citing business media Börsen Zeitung.

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