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
Italian Exports Surge, Boosting Italy’s First-Quarter Growth Outlook, Rome 2026
The updated
The World’s Genesis
Genesis contains two creation narratives: the first spans the entire first chapter and the beginning of the second, describing the creation process in a week, with a Sabbath rest. God cre
Skies in Turmoil: The Quiet Deterioration of EC261
EU Chief: Ukraine War "Threatens Every Nation on the Planet"
An EU chief says that Europe facing an “existential threat.”
EU council president Antonio Costa said, “The war of aggression being waged against Ukraine by a permanent member of the Security Council is unacceptable and threatens the security of every nation on the planet.”
He was speaking at the summit at the end of the week between the EU and Mexico.
The Portuguese official said, “The sovereign
Self-Criticism: Vital for Democracy’s Survival in Developing Nations
Thierry ValleCoordination des Associations et des Particuliers pour la Liberté de Conscience, France
Press Freedom and Politics of Intolerance
India presents itself as the “world’s largest democracy” and a rising power, celebrating its pluralism. However, concerns have been raised by in
Inside the Tory Reboot: Why the Conservatives Are So Cheery
Listening to Families: A New Perspective on Nicotine Policy
Nicotine consumption is undergoing one of the most significant transformations in its history. Over the past two decades, a wide range of Innovative Nicotine Products (INPs) — from vapes and heated tobacco products (HTPs) to nicotine pouches and other smoke-free alternatives — has emerged alongside traditional tobacco products, fundamentally changing the way nicotine is consumed across the world
New Resource Features Stories of Northwestern Shoshone Latter-day Saints
“Native Saints: The Washakie Ward” share
China: The Controversial Partner the EU Struggles to Leave?
EU-Funded Films Triumph at Cannes
Six EU funded films have received awards at the 79th edition of the Cannes film festival which closed on Saturday 23 May.
Fjörd, by Cristian Mungiu, which received EU support for its development, was the great winner, being awarded the prestigious Palme d’Or. Two further MEDIA-supported films took home major prizes in the Official Competition: Das Geträumte Abenteuer (‘The Dreamed Adventure’) b
Leave a Reply