Recently, under the leadership of their Regional Representatives Mr. Toms Platacis, Head of FIU Latvia, and Mr. Alfred Zammit, Head of FIU Malta, and Egmont members from Europe I held an intersessional meeting to discuss crucial topics and ongoing discussions pertinent to the region. The Egmont Europe I Region comprises 30 FIUs from member jurisdictions of the FATF and/or the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL).
These meetings are crucial in enhancing collaboration and communication among members of the region, helping to shape outcomes for significant issues. Among other things, the discussions highlighted the importance of cross-border cooperation in achieving common goals.
They also discussed the positive impact of establishing the new Anti-Money Laundering Authority (AMLA), which aims to create a more cohesive and efficient system for Financial Intelligence Units (FIUs) in the EU. This enhanced system will significantly improve FIUs’ ability to detect and disrupt financial crimes. Future plans for collaboration and improvements in AML practices were outlined, underscoring the ongoing commitment to effective anti-money laundering measures across the EU.
Moreover, the meeting served as an excellent platform for sharing best practices and innovative solutions, further solidifying the region’s proactive stance in addressing emerging challenges. The members of the region expressed their satisfaction with the tangible progress made and the actionable strategies devised during the discussions.
The commitment and active participation of members of the region are instrumental in driving forward our shared objectives. We strongly encourage the continuation of such meetings in the future, as they play an indispensable role in achieving our common goals and addressing emerging challenges head-on.
