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Money Laundering Bulletin

AMLA sets out norms for regulator cooperation

The European Union's (EU's) new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) has finalised draft standards for its work with the European Public Prosecutors' Office (EPPO). The guidance also says how financial intelligence units (FIUs) will cooperate both between themselves and with the EPPO. The three-strong series of draft implementing technical standards (ITS) that AMLA sent to the European Commission for adoption on 3 July specify the format to be used: by AMLA to report to the EPPO; 1 for exchanges of information between FIUs 2 on the existing secure channel FIU.net; and for FIU reporting to the EPPO. 3

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