Greek Banks Urged to Gear Up for Tough New EU Anti-Money Laundering Rules
Greek banks and businesses must move quickly to prepare for sweeping European Union anti-money laundering rules that take effect next year, experts warned at a financial crime conference in Athens. The EU's Anti-Money Laundering Regulation will apply from July 10, 2027. A year later, the bloc's new Anti-Money Laundering Authority, based in Frankfurt, is expected to begin directly supervising selected high-risk financial institutions, while national regulators keep a central role. Participants at Deloitte's third Financial Crime Symposium said companies should assess where they fall short o