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
Federation of Aboriginal Nations of the Americas (FANA)
Indigenous news does not come much bigger than this. On September 17, 1778, the Delaware Nation and the United States of America entered into and ratified the Treaty of Fort Pitt, one of the earliest foundational treaty instruments establishing formal relation
Andy Burnham Vows to Secure Billions to Address UK’s Defense Shortfall
Burnham did not specify a timeline for establishing “No. 10 North” or detail how many people it would involve. However, he mentioned it would address utility reform, regeneration, and reindustrialization in B
Most EU Member States Progressing Toward Key Air Pollutant Emission Reduction Goals | Press Releases
Press releasePublished 01 Jul 2026
ImageDavid Vives on Unsplash
According to the latest European Environment Agency (EEA) monitoring report released today, most EU Member States are on track to meet their 2020-2029 national emission reduction targets for key air pollutants. However, reducing ammonia emissions remains a significant challenge. The EEA has also updated its city air
Misconceptions About Company Registration That May Postpone Your Business Launch
London, July 02, 2026 – Eurotoday Newspaper — Common company registration myths continue to create unnecessary delays for entrepreneurs preparing to launch new businesses. Business advisers say that misinformation about the registration process often causes founders to postpone important decisions, submit incomplete applications, or overlook essential legal requirements.
Main Development: Common
Burkina Faso Severs Diplomatic Ties with France
Communications Minister Gilbert Ouedraogo criticized France for not adhering to the principles of non-interference and mutual respect.
The relationship between O
Spain’s Opposition Accuses Sánchez of Electoral Manipulation Following Migrant Legalization Drive
Facing backlash over his inconsistency, Feijóo on Thursday see
Enhancing Your Company’s Reputation Through Thought Leadership Articles
London, July 02, 2026 – Eurotoday Newspaper — Thought Leadership Articles are becoming an increasingly important tool for businesses seeking to strengthen their reputation, build credibility, and establish long-term trust with customers and industry stakeholders. As companies compete for visibility in crowded markets, publishing expert-driven content is emerging as a practical strategy to demons
Scientology Volunteers Deliver Crucial Humanitarian Aid After Natural Disasters in Venezuela
German Coalition Leaders Agree on Tax Reform Deal to Regain Popularity
Why Companies with Strong Reputations Bounce Back Quicker from Market Challenges
London, July 02, 2026 – Eurotoday Newspaper — Businesses with Strong Reputations are proving more resilient as companies across multiple industries continue to navigate economic uncertainty, supply chain disruptions, changing consumer behavior, and evolving market conditions. Industry analysts say organizations that have consistently invested in customer trust, transparency, and service quality
Leave a Reply