E91: AMLA's impact on financial crime in the EU

A new player has entered the game in the fight against financial crime. The Anti-Money Laundering and Countering the Financing of Terrorism Authority (AMLA) is the new entity aiming to transform AML and CFT supervision in the EU. AMLA is gearing up to take on the 70% of criminal networks in the EU that use money laundering to fund their activities and conceal their assets. Will this be the knock-out blow for these criminal gangs? Our expert host, Fredrik Riiser, is joined by the European Commission 's Chiara Bacchi, Team Leader for Enforcement of the EU AML/CFT Policy, and Olena Loboiko , Policy Officer. They discuss: new legislation shaking up the EU's response to financial crime, what AMLA will look like, its impact on EU citizens and compliance professionals. Producer: Matthew Dunne-Mil