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EU money-laundering failures 'devastating,' lawmaker says

( June 28, 2021, 16:34 GMT | Official Statement) -- MLex Summary: A report into EU money laundering failings published today by the European Court of Auditors is "devastating," green party lawmaker Sven Giegold has said. The financial and economic policy spokesperson of the parliament's Greens/EFA group accused national authorities of "sabotaging" the work of the European Banking Authority and called on EBA officials to initiate proceedings for breach of EU law.Statement follows. MLex reports on the EU failings and the EBA findings are here and here. ...

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