AMLA and ESAs join forces to tackle money laundering

Spencer Schulten Joins Forvis Mazars - Inside Public Accounting

IPA 100 firm Forvis Mazars (FY24 net revenue $2.15 billion) has named Spencer Schulten as the leader of its financial crime compliance consulting practice within financial services consulting. Schulten will join the firm’s risk and regulatory practice, focusing on anti-money laundering, sanctions compliance and securities regulation.  Schulten is a certified anti-money laundering specialist (CAMS), licensed attorney and executive-level managemen…

AMLA and ESAs join forces to tackle money laundering

AMLA and the European Supervisory Authorities have signed a memorandum of understanding to strengthen cooperation and information exchange across the EU’s financial system. The agreement between AMLA and the ESAs, which include the EBA, EIOPA and ESMA, is designed to support their efforts in combatting money laundering and the financing of terrorism. The memorandum sets out how AMLA and the ESAs will share information efficiently to carry out th…