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
Artists Withdraw from Trump-Linked Concerts, Sparking Uncertainty in Washington Political Events
The reported departures have raised questions about the future of entertainment-focused
30,000 Flee Haiti Amid Escalating Violence and Worsening Hunger Crisis
Haiti continues to struggle with insecurity, poverty, and a declining economy amidst political chaos following a presidential assassination.
Testimonies from women who escaped the violence were shared with the UN World Food Programme (WFP).
Anidett
"US May Expedite Troop Withdrawal from Europe, Sparking New Security Concerns – Brussels, Belgium, 2026"
Europe’s Science and the Battle for Trust
In Europe, science is deeply intertwined with politics. It’s involved in various sectors such as public health, energy security, digital sovereignty, defense research, and more, raising questions about citizens’ trust in institutions acting for the public good. Thus, science policy is crucial for Europe’s self-governance under pressure.
Scientific discussio
Oliynykova Fuels Debate Amid Russian Athletes Controversy at Paris 2026
Beijing Warns of Retaliation Against EU Restrictions on China Imports
European Commission President Ursula von der Leyen held an orientation debate with her 26 commissioners to consider policy measures to rectify the EU’s worsening trade imbalance with China. An influx of Chinese products, including vehicles, solar panels, and clothing, is negati
Understanding Your Rights: Utilizing EU Transparency Laws as a European Citizen
Ever wondered how decisions in Brussels are made? Curious about who your elected officials meet with or how European taxpayer funds are utilized?
The European Union can seem like a remote, complex system. However, as an EU citizen or resident, you have a potent means of holding these entities accountable: the right of access to documents.
This guide will help you use EU transparency laws to unco
Drone Strike Near Zaporizhzhia Plant Raises Nuclear Security Concerns, Enerhodar, Ukraine, 2026
Attal Emphasizes Rift with Macron in Initial Rally for French Presidential Campaign
“My first promise is that we will once again become Europe’s leading power within six years. That is our rank, our place, our destiny,” he said, ple
8 Reasons Your Dog Sneaks Into Your Bed at Night
There’s something special about that moment when, in the middle of the night, you feel something warm and fuzzy nestling next to you under the covers. For many owners, this scene is familiar (and, let’s be honest, we never tire of it!) – our dog quietly sneaks into bed, curls up at our feet, or even secures a spot next to us on the pillow. While this may sometimes seem like a cute habit or a bit
Leave a Reply