
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
Short-Handed Al Nassr Rallies to Defeat Al Ettifaq 3-2 in Dammam
Dammam, Saudi Arabia, 26 August (Eurotoday Newspaper) – A remarkable Al Nassr comeback saw the Saudi Pro League champions recover from two goals down to beat Al Ettifaq 3-2 despite playing most of the match with 10 men. Sadio Mané scored twice, including the late winner.
Early red card changes the contest
Al Nassr suffered a major setback after just 12 minutes when goalkeeper Bento was shown a s
Dogmatic Debate with Donatism (Part 2)
Carney of Canada to Attend EU State of the Union
An official from the European Commission, close to von der Leyen, confirmed to POLITICO that Carney has accepted the invitation to this significant event in the EU’s calendar, where the presiden
Japan to Extend Weather Forecasts to Two Weeks by 2030
Tokyo, Japan, 26 August (Eurotoday Newspaper) – Japan plans to extend detailed daily weather forecasts from seven days to two weeks by 2030, as authorities seek to improve preparations for extreme heat, heavy rain and snow linked to a changing climate.
Longer forecasts widen the warning window
The Japan Meteorological Agency (JMA) plans to provide daily forecasts covering up to two weeks. These
Dogmatic Debate with Donatism (3)
France and Germany Clash Over Europe’s Industrial Future
EU Climate Risks Require Accelerated Response as Extreme Heat Intensifies
Brussels, Belgium, 25 August (Eurotoday Newspaper) – European governments face growing pressure to act earlier and more proactively against EU climate risks, as extreme heat, drought, wildfires and flooding increasingly threaten public health, infrastructure and economic activity across the continent.
The challenge has become particularly visible during successive hot summers. European authoriti
Nigel Farage Advocates for Eliminating GDPR in the UK
The EU GDPR offers broader individual rights concerning personal data, such as the “right to be forgotten,” compared to New Zealand’
France Calls for Swift Action as Heatwave Alert Levels Increase
Paris, France, 25 August (Brussels Morning Newspaper) – French authorities are urging people to act quickly when France heatwave alerts are triggered, as official guidance stresses that health effects can begin during the earliest stages of unusually hot weather.
Météo-France operates a four-level heat vigilance system — green, yellow, orange and red — designed to warn the public and authorities
Britain-Europe Trains Set to Run Every 15 Minutes
Piling in
Despite these obstacles, the London route is con



Leave a Reply