Anti-Financial Crime & Financial Crime Compliance
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Compliance, Regulatory

LATEST: AMLA to let national FIUs request extra data in STRs

Bruna Szego, AMLA Chair

By CARLO BOFFA, EU Correspondent THE EU’s Anti-Money Laundering Authority proposed on Thursday to allow national financial intelligence units (FIUs) to request different sets of information from regulated entities filing suspicious transaction reports (STRs). Global banks and financial institutions have been pressing the Frankfurt-based institution to set common standards on how reports are filed and…

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