In order to boost the efficient functioning of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CTF) framework of the Union the EU will create a dedicated Anti-money laundering Authority (AMLA). Today, the Council agreed its partial position on the proposal. Given the cross-border nature of crime, the new Authority is expected to make a […]
Council agrees on a recommendation on the changeover of Ukrainian banknotes to EU currencies
The Permanent Representatives Committee endorsed a Council recommendation on the conversion of hryvnia banknotes into the currency of member states hosting people escaping the war in Ukraine. The objective is to further support refugees who are having difficulty exchanging their banknotes into EU currencies. The recommendation invites member states to set up national schemes that […]