PwC Financial Crime update - Q2 2024

This issue of the PwC Financial Crime quarterly update outlines the latest news and regulatory updates across the world of financial crime. 

Q2 2024 saw a major milestone in the programme of the European Union to fight financial crime, with the publication of the new regulations in the EU’s official journal at the end of May. These regulations establish the EU Anti-Money Laundering Authority (AMLA) and the new EU single rulebook. There has also been a lot of activity in preparation for the new AMLA, particularly from the European Banking Authority, as they prepare to handover responsibility for AML in 2025.