EBA raises ‘serious concerns’ over Malta’s AML regime
Enria calls for changes to EU’s AML regime and says Maltese authority must make major changes
The chairman of the European Banking Authority has said the agency’s inquiry raised “significant concerns” about how Malta’s Financial Services Authority supervised a bank accused of large-scale money-laundering.
But EBA chairman Andrea Enria said he had “decided to close the case without opening a breach of Union law investigation” into the MFSA’s handling of Pilatus Bank. He also wrote to the European Union’s senior official in charge of law enforcement to call for changes to the bloc’s anti
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