PARLIAMENT: Pictured (right to left): Simonas Krepsta (Lithuania), Juan Manuel Vega Serrano (Spain), Chair of the ECON Committee of the European Parliament, Aurore Lalucq, Derville Rowland (Ireland), Marcus Pleyer (Germany), Rikke-Louise Petersen (Denmark).
APPLAUSE echoed around the European Parliament chamber in Brussels on Thursday to celebrate the appointment of the five new members of AMLA’s Executive Board.
Over two and half hours of hearings MEPs questioned the candidates about their suitability before voting overwhelmingly to appoint all five who will work with AMLA Chair Bruna Szego on the leadership team.
The five successful executives heading to AMLA headquarters in Frankfurt are: Simonas Krepsta (Lithuania), Juan Manuel Vega Serrano (Spain). Derville Rowland (Ireland), Marcus Pleyer (Germany) and Rikke-Louise Petersen (Denmark).
Proceedings kicked off at 11.30am before the joint financial services (ECON) and justice (LIBE) committee meeting, co-chaired respectively by French MEP Aurore Lalucq and Spain’s Javier Zarzalejos.
MEPs were chosen in advance to pose questions of the candidates, who were each first given an opportunity to make a statement. At 2.0pm the chamber was full to overflowing for the actual vote with scores of MEPs present as well as staff and aides.
AML Intelligence was on hand to capture the historic moment.
CONFIRMED: The new members of the AMLA executive board. Pictured (right to left): Simonas Krepsta (Lithuania), Juan Manuel Vega Serrano (Spain). Derville Rowland (Ireland), Marcus Pleyer (Germany), Rikke-Louise Petersen (Denmark).JOB DONE: Simonas Krepsta, Marcus Pleyer, Derville Rowland and Rikke Louise Petersen moments after MEPs voted them into their new executive leadership roles at AMLA.TOPICS: Denmark’s Rikke Louise Petersen (l) takes questions from MEPs.BRUSSELS: MEPs pose questions of Lithuania’s Simonas Krepsta.AMLA FILE: Rikke-Louise Petersen with a member of the ECON Secretariat. HEARING: Dr Marcus Pleyer takes questions at the joint meeting of the ECON and LIBE committees.EXECUTIVE: New AMLA Executive Board member Dr Marcus Pleyer.COMMITTEE: Ireland’s Derville Rowland answers questions in the chamber.BOARD: Spain’s Juan Manuel Vega Serrano in the parliament committee.CHAT: Juan Manuel Vega Serrano with Spanish MEP Isabel Benjumea, EPP CHAMBER: Spain’s Juan Manuel Vega Serrano after his committee hearing.CATCH UP: AML Intelligence publisher Stephen Rae (l) chats with parliamentary staffer, the legendary Ciaran Bolger.PARLIAMENT: Sunshine prevailed in Brussels on Thursday with the scene in Place Luxembourg in front of the parliamentary campus.PROCEEDINGS: The parliamentary committee room where the hearings with the five candidates took place.
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MAS Partners Industry to develop Safeguards for AI Agents in Finance
MAS
Singapore, 3 July 2026… The Monetary Authority of Singapore (MAS), together with leading financial institutions and FinTechs, today published an industry white paper on developing safeguards for AI agents in Finance. Titled “Safeguards for Agentic Finance at Runtime (SAFR)”, the paper proposes an industry-developed framework that enables AI agents in financial services to carry out financial tasks safely, securely and reliably. SAFR is developed under MAS’ BuildFin.ai[1] initiative, which supports the responsible development and deployment of AI solutions in the financial sector.
AUSTRAC finalises enforceable undertaking with Sportsbet
Austrac
AUSTRAC has finalised its enforceable undertaking with Sportsbet Pty Ltd (Sportsbet) after the company addressed serious deficiencies in its anti-money laundering and counter-terrorism financing (AML/CTF) controls.
AUSTRAC CEO Brendan Thomas said the outcome reinforces AUSTRAC’s expectation that reporting entities take immediate and sustained action to meet their legal obligations.
“When AUSTRAC identifies systemic weaknesses in a reporting entity’s AML/CTF controls, we will take enforcement action to ensure those issues are addressed,” he said.
“Sportsbet was required to undertake significant remediation to uplift its systems, controls and governance. AUSTRAC is now satisfied those requirements have been met.