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The EU's Anti-Money Laundering Authority, or AMLA, has taken another step towards becoming fully operational after representatives from the bloc's 27 nations approved the appointments of four senior regulators and officials to serve on the agency's executive board. AMLA, the centerpiece of reforms to harmonize and strengthen AML regulations and supervision across the EU, will directly supervise 40 high-risk, multinational financial institutions, monitor national oversight, and act as a portal for the bloc's 27 financial intelligence units to share details of suspicious transactions. On Thursday, the Council of the EU rubberstamped the appointments of Derville Rowland from the Central Bank of...