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EU Lawmakers Vet Candidates for AMLA’s Leadership Board

Koos Couvée
London Bureau Chief

European lawmakers on Tuesday interviewed eight candidates vying to serve on the executive board of the EU's Anti-Money Laundering Authority as the launch of the new agency continues apace. The Frankfurt-based agency, or AMLA, will set bloc-wide standards for compliance and supervision; serve as a data-sharing hub for national financial intelligence units, or FIUs; and from 2028 onwards directly oversee 40 of the bloc's highest-risk banks and other institutions as measured by their systemic importance and exposure to illicit finance. Marcus Pleyer, a senior official in the German Finance Ministry who previously served as president of the Financial Action Task Force,...

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