Five months after presenting its anti-money laundering action plan (see EUROPE B12482A8), the European Commission presented its current thinking at a high-level conference on Wednesday 30 September.
Although the action plan did not go so far as to decide between creating a new European authority or allocating new responsibilities to the European Banking Authority (EBA), on this occasion Valdis Dombrovskis, the Executive Vice-President of the European Commission, said that he was in favour...