Inadequate money laundering and terrorist financing controls found in EU payment institutions
![money laundering and terrorist financing controls](https://www.123signed.com/wp-content/uploads/2023/06/EBA-123signed-website.png)
The European Banking Authority (EBA) recently released its comprehensive report on the risks associated with money laundering and terrorist financing (ML/TF) in EU payment institutions. The report sheds light on the inadequate assessment and management of ML/TF risks by both institutions and their supervisors. In this update we will provide an overview of the EBA […]