EU AML package: Information sharing is essential in the fight against money laundering and terrorist financing
The Dutch Banking Association (NVB) has made proposals to create a good legal basis in the first European AML Regulation (AMLR) for sharing of information between investigative authorities and banks. In this way, much progress can be made in the fight against money laundering and terrorist financing. Moreover, banks should also be able to share data more easily with each other in order to strengthen their efforts in fighting money laundering.
That is what the NVB writes in a position paper on data sharing in the context of the AMLR proposal.