EBA board rejects finding that Estonian and Danish authorities breached law
Senior European official says money laundering scandal will not be ‘swept under carpet’
The board of the European Banking Authority has voted to reject a staff report that found the Estonian and Danish financial regulatory authorities had breached the European Union’s anti-money laundering laws.
In a formal letter to Tiina Astola, the director-general of the European Commission’s justice directorate, the EBA said its staff report had made “draft recommendations” about the role of the Financial Supervisory Authorities of Denmark and Estonia. But it said these recommendations were
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