Bruna Szego Named Chair of EU Anti-Money Laundering Authority

Strasbourg (Eurotoday) – Bruna Szego, selected as chair of the EU’s Anti-Money Laundering Authority, won despite lacking backing from major groups.

What makes Bruna Szego a strong fit for AMLA leadership?When will the EU’s new AMLA rules take effect?

Bruna Szego from Italy was picked as the chair of the EU’s new dirty money watchdog following a three-hour hearing before the European Parliament’s economy and justice committees and an ensuing discussion on the pick.

Bruna Szego secured a majority to dominate rival candidates Marcus Pleyer of Germany and Jan Reinder De Carpentier of the Netherlands, despite lacking the backing of the centre-right European People’s Party, the biggest group in the Parliament, or of the Greens.

What makes Bruna Szego a strong fit for AMLA leadership?

Concerning Szego’s background, she founded and leads the anti-money laundering (AML) supervision and regulation unit at the Bank of Italy, having previously led its regulation and macroprudential analysis directorate. She poses on the EBA’s anti-money laundering standing committee; one of her muscles is linking macroprudential and AML threats.

When will the EU’s new AMLA rules take effect?

European Union’s new single Anti Money Laundering Authority (AMLA), and the governance system it raises, are designed to grant it adequate independence from national regulators to allow it to interfere when country watchdogs fail. It comes after Europe underwent a series of dirty money scandals. The new Frankfurt-based structure will hire some 450 staffers and will begin direct charge of high-risk financial entities as of January 2028, with the EU’s new anti-money laundering rules beginning to take effect six months earlier.

The selection of Szego by lawmakers is the crucial stage in the AMLA chair selection process. 

Olivier Salles, the EU authorised handling practices “to deliver the initial [AMLA] start-up” stated last week he hoped the body’s chair could “be appointed in January” to take up their responsibilities as quickly as possible, and that a decision on the AMLA executive board could be taken in February. 


Comments

3 responses to “Bruna Szego Named Chair of EU Anti-Money Laundering Authority”

  1. Aren’t we all just thrilled to have someone leading the charge against dirty money who, quite frankly, was the last one picked for kickball? 🎉 I mean, lack of support from the big guns really screams confidence, doesn’t it? 😂

  2. Oh, fantastic! Just what we need—someone leading the charge against money laundering who has all the support of a wet paper towel. 👏 Can’t wait to see how this thrilling soap opera unfolds! 🍿

  3. Twix Esses Avatar

    Oh, splendid! Just what we needed—another Italian leading the charge against dirty money! I suppose next, we’ll have a French chef heading the EU’s diet initiative. 🍝💸

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Amsterdam Gandhi Tribute Unites Peace Advocates

Amsterdam Gandhi Tribute Unites Peace Advocates

Gandhi Global Family and the Church of Scientology Netherlands Collaborate on Peace and Human Rights
AMSTERDAM, The Netherlands — 19 August 2026 — Representatives from the Gandhi Global Family, the Church of Scientology Netherlands, and civil society from the Netherlands and India gathered at the Mahatma Gandhi statue on Churchilllaan in Amsterdam. They paid tribute to peace, non-violence, and hu

Read More

Romanian Jet Intercepts Drone Near Offshore Gas Platform, President Points to Moscow

Romanian Jet Intercepts Drone Near Offshore Gas Platform, President Points to Moscow

The Romanian official condemned Russia’s actions in a post on X, while European Commission President Von der Leyen expressed European support for Romania, noting an escalating threat campaign targeting the EU. She highlighted initiatives to bolster defense production in Europe to address new threats effectively.
Romanian Defense Minister Radu Miruță stated on Facebook that Romania’s Coast Gu

Read More

Crypto, AI, and Betting Companies Fuel Unprecedented Midterm Spending in Washington

Crypto, AI, and Betting Companies Fuel Unprecedented Midterm Spending in Washington

Washington, DC, 20 August (Brussles Morning Newspaper) – A new group of corporate powerbrokers is pouring money into America’s congressional elections, pushing US midterm election spending to record levels as cryptocurrency, artificial intelligence and online betting businesses seek a bigger voice in Washington.
The numbers are striking. Corporations have disclosed $517 million in spending to in

Read More

Naval Drone Near Neptun Deep Alerts EU

Naval Drone Near Neptun Deep Alerts EU

Romanian forces destroyed an explosive maritime drone close to a major Black Sea gas project as Brussels warned of an escalating campaign of hybrid threats.
Romania’s destruction of an explosive naval drone near the Neptun Deep gas development has brought the security of Europe’s Black Sea infrastructure into sharper focus. The incident on Thursday, 20 August, occurred only a few hundred metres

Read More

MEP Manon Aubry describes extremely rare viper bite as ‘unlucky’

MEP Manon Aubry describes extremely rare viper bite as ‘unlucky’

“I’d made that Instagram post precisely to avoid questions … I hadn’t anticipated a newswire dispatch on the subject,” she remarked.
Aubry mentioned on Thursday that she was “unlucky,” as France typically experiences about 150 similar venomous snake bites with only two serious cases annually.
“At the hospital where I was treated, they told me they hadn’t seen one in 10 years,” she recounted.
The 3

Read More

Over 900 KSA Members Depart Izegem for Lourdes Camp

Over 900 KSA Members Depart Izegem for Lourdes Camp

Izegem (Brussels Morning Newspaper) – On Thursday, more than 900 people from the KSA Noordzeegouw organization have embarked on a nine-day camp in Lourdes, southern France, from the area of Izegem known as Bosmolens. They set off at around 5 p.m. in 14 buses from the Heilige-Familiekerk. The participants are going to Lourdes for the KSA Noordzeegouw camp from August 20 to 28.
Why are more than 9

Read More

World Humanitarian Day: EU Responds to Increasing Global Humanitarian Needs

World Humanitarian Day: EU Responds to Increasing Global Humanitarian Needs

August 19 is World Humanitarian Day, a time to honor the essential and tireless efforts of aid workers worldwide. During crises and conflicts, humanitarians are among the first responders, providing emergency aid to those in need.
EU’s Role as a Leading Humanitarian Donor
Numerous aid workers operate under the EU’s commitment to offer humanitarian assistance to those affected by man-made d

Read More

Heavy August Rain Takes Over as Summer Heat Ends in Belgium

Heavy August Rain Takes Over as Summer Heat Ends in Belgium

Sarhan Basem is Eurotoday’s Senior Correspondent to the European Parliament. With a Bachelor’s degree in English Literature, Sarhan brings a unique blend of linguistic finesse and analytical prowess to his reporting. Specializing in foreign affairs, human rights, civil liberties, and security issues, he delves deep into the intricacies of global politics to provide insightful comment

Read More

Germany’s military has a new recruiting tool: Kebab wrappers

Germany’s military has a new recruiting tool: Kebab wrappers

“The restaurants receive the branded packaging at no cost,” the statement read.
Germany is not the first European nation to reconsider its military recruitment efforts recently. In 2019, the British Army ran an advertising campaign targeting “snowflakes,” “selfie addicts,” and “phone zombies.” France began a nationwide multimedia recruitment effort i

Read More

The Latin Doctrine of the Immaculate Conception (1)

The Latin Doctrine of the Immaculate Conception (1)

By Archbishop Nathanael (Lvov)
A. Merzlyukin’s book, recently published, delves into the Latin dogma of the Immaculate Conception of the Blessed Virgin Mary, offering extensive material. However, it has shortcomings, such as a challenging presentation and some significant historical errors, particularly at the onset. On page 16, the respected church historian Bishop Eusebius of Caesarea, a

Read More