26-04-2018 09:00
Combat of Money Laundering in the EU banking system
József Antall (JAN) 4Q1
After its constituent sitting last 22 March 2018, the Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3) initiates its activities on 26 April with a public hearing on "Combat of Money Laundering in the EU banking system".
The aim of the hearing is to acquire a more complete and detailed understanding of the risks posed by money laundering in the EU banking sector with a view to improving the supervisory system and reducing these risks.
The hearing will thus be structured in two panels, the first devoted to examining the money laundering risks in the EU banking sector through selected examples of financial institutions which have recently raised concerns of money-laundering, and the second to evaluating the way in which checks and controls should be strengthened at EU and national level to reduce money-laundering risks.
Representatives of European institutions, such as the European Banking Authority, the Single Resolution Board and the Supervisory Board at the European Central Bank, of the US FinCEN, of national financial supervisors and financial intelligence units, and of banks presenting money-laundering concerns, have been invited to take part at the hearing.
The hearing will thus be structured in two panels, the first devoted to examining the money laundering risks in the EU banking sector through selected examples of financial institutions which have recently raised concerns of money-laundering, and the second to evaluating the way in which checks and controls should be strengthened at EU and national level to reduce money-laundering risks.
Representatives of European institutions, such as the European Banking Authority, the Single Resolution Board and the Supervisory Board at the European Central Bank, of the US FinCEN, of national financial supervisors and financial intelligence units, and of banks presenting money-laundering concerns, have been invited to take part at the hearing.
- Draft programme (PDF - 359 KB)
- Biographies of the speakers (PDF - 315 KB)
- Statements from the speakers (PDF - 3 MB)
- Replies to written questions (PDF - 1 MB)
- Reply to additional questions from Peters Putnins, Chairman of the Financial and Capital Market Commission (PDF - 244 KB)
- Reply to additional questions from Marianne Scicluna, Director General, Malta Financial Services Authority (PDF - 305 KB)
- Reply to additional questions from Piers Haben, Director of Banking Markets Innovation and Consumers at the European Banking Authority (PDF - 214 KB)
- Briefing on " Money laundering - Recent cases from a EU banking supervisory perspective" (PDF - 241 KB)
- Press release: Press release: Special Inquiry MEPs suggest centralised European body to tackle money laundering
- Verbatim report (transcription) (PDF - 570 KB)