
Strasbourg (Eurotoday) – Bruna Szego, selected as chair of the EU’s Anti-Money Laundering Authority, won despite lacking backing from major groups.
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”
-
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? 😂
-
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! 🍿
-
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. 🍝💸
Last News
Zoya and the Team Respond to Your Inquiries
We marked our 100th episode with a live recording before an audience. Attendees enjoyed an exclusive Q&A session with Zoya and all the hosts, which we’re now sharing with our broader audience.
In this episode, we tackle your questions on topics ranging from technology to the creation
Wayne Levings Reportedly Targeted for CEO Role in YouGov Leadership Shakeup
London, July 19 Eurotoday Newspaper — Corporate leadership changes are back in focus after Sky News reported that UK polling and market research firm YouGov is considering former Kantar executive Wayne Levings as its next chief executive. The reported move follows the company’s ongoing search for a permanent CEO after interim leadership was put in place earlier this year.
YouGov CEO Search Moves
England Secures Bronze in 10-Goal Thriller
A thrilling victory over France imbues the third-place match with new significance, while rekindling debates about football’s growing demands
England finished their FIFA World Cup journey with a 6-4 triumph over France in Miami on Saturday, transforming a match often deemed an unwanted consolation into one of the tournament’s most captivating European football narratives. Bukayo Saka
Delhi Police Tighten Security After Ban on Parliament March by Cockroach Activists
New Delhi, July 19 Eurotoday — Delhi Police security has been strengthened across central New Delhi after authorities barred a planned march to Parliament by activists linked to the Cockroach Janta Party (CJP). Police said organizers had not received permission for the demonstration, which was scheduled to coincide with the opening of Parliament’s Monsoon Session.
Barricades have been installed
Russia Launches One of the Largest Ballistic Barrages Against Ukraine in the War
Kyiv Mayor Vitali Klitschko stated that the strikes damaged residential buildin
Pogacar Dominates the Vosges
Susan Collins Election Race Shifts as Bellows Withdraws and Maine Democrats Regroup
Augusta, Maine, July 19 Eurotoday Newspaper — Susan Collins election developments took another turn after Maine Secretary of State Shenna Bellows withdrew from the Democratic Senate race. Her decision comes as Maine Democrats prepare to select a replacement nominee following the earlier withdrawal of former candidate Graham Platner. The party is expected to choose its new challenger before the s
US and Iran Exchange Strikes as Washington Retaliates for American Deaths
Kuwait’s electricity ministry reported that Iranian attacks targeted a Kuwaiti power and water desalination plant for the second time in two consecutive days, causing a fire. Kuwait
EU Rule-of-Law Report Focuses on Implementation
The European Commission’s 2026 Rule of Law Report raises the issue of whether annual democratic monitoring is bringing about practical changes. Released on Friday and influencing debates in Brussels on Saturday, the report highlights progress on nat
Fuel Crisis Puts Pressure on Russian Farmers, Impacting Food Supply Chain
Moscow, July 17 Eurotoday Newspaper — Food supply chain concerns are increasing after fuel shortages and continued security risks around the Azov Sea created new challenges for Russian farmers during the summer harvest. Diesel availability has tightened in several farming regions while transportation routes linked to southern export terminals remain under pressure, making it more difficult to mo



Leave a Reply