In an increasingly interconnected world, financial crime has become global and sophisticated.
To combat money laundering and the financing of terrorism, the European Union recently introduced a new set of regulations known as the “AML Package”.
Economy Magazine interviewed various experts on the topic, including our Founding Partner.
According to Andrea Puccio, the most significant innovation of the package is the establishment of AMLA, the new Anti-Money Laundering and Countering the Financing of Terrorism Authority, which holds direct and indirect supervisory powers over the entities operating in the financial sector.
The new regulations may also impact the Models provided for by Legislative Decree 231/2001.
For more in-depth information, the full article is available here.