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
Russia’s Victory Day is Putin’s Biggest Liability
In a last effort to safeguard its key national holiday, Russia’s defense ministry declared a two-day ceasefire starting May 8.
Ukraine responded with its own open-ended ceasefire two days prior, challenging Russia’s actual commitment to peace. However, after Moscow launched another series of deadly strikes on Ukrainian cities, Zelenskyy warned of a “symmetrical response.
The Federation of Aboriginal Nations of the Americas Awards Observer Status to the Miskito Nation
In October of 2025, the Federation of Aboriginal Nations of the Americas Ministry of International Affairs began negotiations with the Miskito Nation. Under the guidance of the Federations Minister of International Affairs, Principal Chief Dr. Ronald Yonaguska Holloway, Chief Gallo of the Lenca Nation and the Federations Ambassador to the United Nations and Council of Nimmuog’s Deputy First Chai
What Western Media Often Overlooks About the Islamic Republic of Iran
A crucial aspect is religious. The Islamic Republic is a state with political interests and a system that uses the language of faith, sacrif
Russia Suspends Flights at 13 Airports Following Drone Strike on Air Navigation Center
The incident caused flights to be halted in and out of airports in Astrakhan, Vladikavkaz, Volgograd, Gelendzhik, Grozny, Krasnodar, Makhachkala, Magas, Mineralnye Vody, Nalchik, Sochi, Stavropol, and Elista.
Privatization Discussions at Mattel Raise Fresh Concerns About Toy Industry Slowdown in California 2026
The discussions come during a difficult period for the global toy industry as inflationary pressure, economic u
Do We Have an Unpaid EU FoRB Envoy?
UK Elections 2026: Significant Labour Losses as Farage Gains – Live Updates
With counting still ongoing, Starmer’s Labour has lost over 200 councillors in England and relinquished control of seven councils, with Nigel Farage’s populist-right Reform UK being the primary beneficiary. Reform has gained more than 300 councillors and ta
Investment in Quantum Computing Skyrockets as Global Tech Giants Compete for Dominance London 2026
AI Joins the Search for New Rare Disease Treatments
Belgian AI company Kantify was conducting business as usual until a cancer diagnosis led the team to rethink their direction. “We created algorithms for sectors like marketing or transport,” said Ségolène Martin, Kantify’s co-founder and CEO.
“These were complex projects unrelated to health, but they allowed us to develop deep expertise in AI.”
In 2017, Nik Subramanian, the company’s CTO, was d
Leave a Reply