On April 8, EBA participated in the presentation of the report on the national assessment of the risks of money laundering and terrorist financing, which discussed issues such as money laundering (AML), risks, vulnerabilities, rapporteurs.
The European Business Association reiterated issues such as:
- the importance of knowing the applicability mechanism in the context of the financial sanctions imposed on the FR
- the need for the collaboration of the responsible national institutions
- development of compliance and guidance skills (supported by USAID)
- cybercrimes in the context of digitalization and e-commerce - hot topic!
- openness and support in guiding reporting institutions
EBA was represented by Eugen Cozmulici, Manager of Policy and Advocacy.