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
Ein Spaziergang mit Dorothee Bär
EU to Simulate Response to Bloc’s Mutual Assistance Clause in Event of Attack
The scenario will be examined in the EU’s Political and Security Committee, consisting
New Merger Rules No Easy Ride for European Champions, Says Teresa Ribera
The Spanish commissioner pointed out that the fragm
Europe to Intensify Efforts to Safeguard Hormuz Despite Trump’s ‘STAY AWAY’ Directive
Following the Paris meeting on Friday, which involved leaders from over two dozen countries via videoconference, Meloni proposed deploying Italian frigates to the area. Germany announced on Thursday its intention to provide minesweepers.
“It’s moving in the right direction, though the opening of Hormuz depends on coordi
Hackers Break Brussels’ New Age-Checking App in 2 Minutes
However, detractors argue that current technologies for verifying ages with adequate privacy and data protection are insufficient. Additionally, even if these technologies were robust, users could circumvent them using tools such as virtual priv
‘Industrial Visa-Free Regime’ is Becoming Closer for Ukrainian Manufacturers
Inside the New Anglo-German Bromance: Defense Deals and Thomas Tuchel’s Prospects
Transforming Urban Waste CO2 into Valuable Consumer Goods
European cities release substantial greenhouse gases. Waste incineration and wastewater treatment are significant municipal CO2 contributors in the EU.
These systems are crucial for health and urban living but emit challenging-to-reduce gases. What if this CO2 was not wasted?
An international research team sees an opportunity in urban carbon. Through the EU-funded WaterProof initiative, they
Britain’s Contentious Assisted Dying Debate Poised for Revival
Critics of the bill contend that the Lords’ debates hav
Annual General Meeting 2026 Convocation
Paris – 15 April 2026
Announcement of the Annual General Meeting of Banijay Group N.V.
Banijay Group N.V. announced the Annual General Meeting (“General Meeting”) will occur on Wednesday, 27 May 2026, at 2:00 pm CET at Mediarena 2, 1114 BC Amsterdam-Duivendrecht, the Netherlands.
The meeting agenda includes:
Opening
Financial Year 2025 Report
Remuneration report 2025, included in the 2025 Uni
Leave a Reply