In a review of the key developments in AML and sanctions over the course of 2019 by Moneylaundering.com, a publication of the Association of Certified Anti-Money Laundering Specialists (ACAMS), Partner Anna Bradshaw is quoted on proposals to reform the EU’s AML framework: “The most explosive development would be a move from directives to regulations, but also to centralized supervision and enforcement. Some may ask why the same approach could not be used for sanctions, but both prospects are problematic for member states from a competency and sovereignty perspective.”
