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Europe Daily Bulletin No. 12091

8 September 2018
ECONOMY - FINANCE - BUSINESS / Money laundering
Fight against money laundering could be better, EU financial policymakers admit
Brussels/Vienna, 07/09/2018 (Agence Europe)

In light of scandals involving several European banking groups, the European Union has reinforced its weaponry to tackle money laundering and terrorist financing. However, the architecture in place could be better, several of those attending the Eurogroup meeting in Vienna on Friday 7 September acknowledged.

Given recent events, “we should do more collectively”, stressed the President of the Eurogroup, Mario Centeno. ECB board member Benoît Cœuré stressed the support of the...

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