Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

Banking, Compliance, Cyber, EU/Europe, Financial Services, Opinion

INSIGHT: EBA says second round effects of war on Europe’s banks ‘worrying’; warns of increased cyber risks and higher compliance costs

By STEPHEN RAE for AML Intelligence SECOND-round effects of the Ukraine invasion on the EU’s banks are “worrying” from a financial stability perspective, the European Banking Authority (EBA) said today. The EBA’s Risk Dashboard shows “limited direct impact” on EU banks from Russia’s invasion of Ukraine – but points at clear medium-term risks from second-round…

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!