EU lawmakers clinch deal on new AML Authority; add sanctions remit

European Union (EU) lawmakers have struck a political agreement on a proposal to set up an Anti-Money Laundering Authority (AMLA) at the centre of the bloc's future, more tightly harmonisedAML regulatory system.

By Sara Lewis, in Brussels

European Union (EU) lawmakers have struck a political agreement on a proposal to set up an Anti-Money Laundering Authority (AMLA) at the centre of the bloc's future, more tightly harmonisedAML regulatory system. [1]