Carolina Garces-Monterrubio, global head of financial crime compliance at Santander Bank, voiced the private sector’s concerns about the anti-money laundering package at a conference on Tuesday 25 October organised by the state of Hesse and the German Federal Ministry of Finance. The panel of European and German policy makers discussed the outlines of the legislative texts on the table.
“The private sector is following developments very closely. Harmonisation of surveillance can only...