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NEWS: AMLA holds first meeting with FIUs in move for tighter cooperation

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AMLA Chair Bruna Szego meets with the FIU working group

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NEWS: Five arrested in Germany as police shut down €6M pyramid scheme

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NEWS: UK’s FCA bans ex-Credit Suisse VP Detelina Subeva after US money laundering conviction

INSIGHT: ‘Fincrime Central’ admits using AI to re-write Sarah Beth’s original opinion column; result ‘diluted, degraded’ original content

By PAUL O’DONOGHUE, Senior Correspondent

AMLA, the EU’s new AML watchdog, held its first meeting with international FIUs (Financial Intelligence Units) last week in a push for closer international cooperation between regulators.

The organization said the inaugural meeting marked “the beginning of an important collaboration”.

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Premium

NEWS: Five arrested in Germany as police shut down €6M pyramid scheme

 Premium

NEWS: UK’s FCA bans ex-Credit Suisse VP Detelina Subeva after US money laundering conviction

INSIGHT: ‘Fincrime Central’ admits using AI to re-write Sarah Beth’s original opinion column; result ‘diluted, degraded’ original content

Regulatory Watch News

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    Cybercriminals around the world have suffered a major disruption after law enforcement and judicial authorities, coordinated by Europol and Eurojust, dismantled key infrastructure behind the malware used to launch ransomware attacks. From 19 to 22 May, authorities took down some 300 servers worldwide, neutralised 650 domains, and issued international arrest warrants against 20 targets, dealing a direct blow to the ransomware kill chain.

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