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After a year of preparation, the European Banking Authority has high expectations for its new database, which is scheduled to begin receiving transactional details and other records from EU nations this month. Pending the establishment of an EU-level AML regulator, bloc-level oversight, such as it is, mostly falls under the remit of the European Banking Authority, or EBA, which, in addition to building and now managing the new database, also publishes guidance, monitors the quality of national anti-financial crime supervision and facilitates cross-border cooperation. Caroline Gardner, who joined the EBA in 2015 and began leading the agency's AML unit last...