The ABLV liquidation reminded the authorities that anti-money laundering issues can be as fatal to a bank as prudential weaknesses, particularly for smaller institutions. The scandal calls for a more joined approach by the EU to tackle AML issues
Most Viewed
- EMIR REFIT has potential to trigger unintended consequences
- The return of geopolitics will cause global banks considerable headaches
- Covid–19: exit strategies and their practical implications
- The PRA’s demanding liquidity framework is a commercial opportunity
- Market participants lobbying over short Emir 2.1 timelines
@RiskRegulator
