20/12/2018 (Agence Europe) – On Wednesday 19 December, the Member States' ambassadors to the EU (Coreper) reached political agreement in principle on the new powers to combat money laundering (see EUROPE 12094) conferred on the European Banking Authority (EBA). The compromise text retains the main elements of the original legislative proposal, in particular the objective of concentrating within the EBA the powers and resources to combat money laundering, currently dispersed between the...