by Jyotsna Bucktowar | Dec 14, 2023
This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field. The rules establish obligations for AI...
by AdrianaAMLP | Dec 13, 2023
Under the the deal, AMLA would supervise the EU’s new rulebook on combatting dirty money flows and would be charged with directly supervising the most risky financial entities.
by Jyotsna Bucktowar | Jun 6, 2023
The new rules will provide law enforcement authorities quick access to information on the accounts where criminals and terrorists keep or hide their funds or assets. The agreed Directive will give them access to the single access point interconnecting bank account...
by Jyotsna Bucktowar | Jun 6, 2023
EU countries will have to make information from centralised bank account registers available through a single access point. This will help law enforcement and judicial authorities to fight criminal offences as they currently have to collect this information via the...
by Jyotsna Bucktowar | May 17, 2023
The Commission’s assessment concludes that Nigeria and South Africa should be considered as third-country jurisdictions having strategic deficiencies in their AML/CFT regimes that pose significant threats to the financial system of the EU. Nigeria and South Africa...
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