LATEST: AMLA says GDPR will not block intra-group AML information exchange

By CARLO BOFFA, EU Correspondent The EU’s Anti-Money Laundering Authority said Wednesday that privacy laws will not impede the necessary exchange of information within business groups to combat money laundering. At a public hearing, European businesses told regulators that proposed minimum standards for group-wide AML frameworks could fall foul of the EU’s GDPR, exposing them…

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