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Redesigning EU AML policy

Redesigning EU AML policy

Objectives The number of EU banks that have been involved in significant money laundering cases prompted a particular effort to strengthen the EU AML framework. Consequently, the Commission adopted notably in May 2020 in the context of the reinforcement of the Banking Union, an action plan for a comprehensive policy to prevent money laundering and … Continued

Priorities for relaunching securitization

Objectives On 2020, the Commission proposed a Banking Package to facilitate bank lending to households and businesses throughout the EU. The European Commission also announced a “Coronavirus response: Making capital markets work for Europe’s recovery” initiative encompassing a package of measures amending the Securitisation Regulation and the Capital Requirements Regulation. In particular, the Commission proposed … Continued

Key issues in the insurance sector at the global level

Objectives The session is dedicated to developing and clarify the stakes and action plans of certain IAIS overarching priorities for the coming years, which are:  Risk assessment and the maintenance of financial stability, including ongoing assessment of potential vulnerabilities arising from the impact of Covid-19.  Delivering on key post-crisis reforms, including further refinement of the … Continued