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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. In a 23-page statement, the European Data Protection Supervisor welcomed a wide-ranging plan that the European Commission, the EU's executive arm, published in July to strengthen and harmonize the EU's AML rulebook, centralize AML supervision and increase cooperation between the bloc's 27 financial intelligence units. But the EDPS urged EU officials and lawmakers to adjust the proposals to ensure compliance with the bloc's General Data...