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…
