Recommendations issued by Europe's data protection watchdog to ensure EU anti-money laundering reforms stay onside of privacy rules could benefit compliance departments, but only if regulators convert them into practical guidance, sources told ACAMS moneylaundering.com.
The European Union Agency for Law Enforcement Cooperation issued a statement following a decision by the European Data Protection Supervisor that limits the agency's ability to retain datasets on suspects, associates, victims, witnesses and informants linked to criminal activities.
January 11, 2022