EU: Italy’s Bruna Szego picked as chair of EU’s Anti-Money Laundering Authority

BRUSSELS, 26th November, 2024 (WAM) — Italy’s Bruna Szego was chosen as the chair of the European Union’s new Anti-Money Laundering Authority (AMLA) on Monday following a three-hour hearing before the European Parliament’s Economy and Justice committees.

Szego secured a majority to defeat rival candidates Marcus Pleyer of Germany and Jan Reinder De Carpentier of the Netherlands.

Szego, the only woman in the race, founded and leads the anti-money laundering (AML) supervision and regulation unit at the Bank of Italy, having previously headed its regulation and macroprudential analysis directorate. She sits on the European Banking Authority’s anti-money laundering standing committee; one of her strengths is linking macroprudential and AML risks.

16 May 2024

EU: ESMA confirms ESG and sustainability fund naming rules

ETFs using the term ESG or sustainable in their name must have at least 80% of investments tied to environmental or social characteristics, according to the EU’s new fund naming rules. The European

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12 February 2024

ASIA: UN Investigating Crypto Attacks by North Korea Hacking Groups Totalling $3B

The United Nations (UN) is cracking down on North Korea’s suspected misuse of cryptocurrency, launching an investigation into hacking groups linked to the nation. These groups are accused of orchestrating

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31 January 2025

EU: Trump Slams Europe for ‘Tax Harassment’ Against Apple: An In-Depth Look

President Donald Trump delivered a fiery speech at the World Economic Forum in Davos, where he sharply criticized the European Union’s treatment of American tech giants such as Apple, Google, and

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22 April 2024

ASIA: Asia’s next-gen want fulfilling jobs from venturing to family offices

Discussing career development can be a softer entry point into tougher conversations around succession, according to UBS’s Thomas Ang. Asia’s next generation is redefining their career aspirations,

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