Introduction: EU Financial Agencies, Including the Anti-Money Laundering Authority
(2026) The Anti-Money Laundering Authority and EU Financial Agencies — ISBN: [9780198980896], 1-14, published
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- Abstract
- (en) This introductory chapter investigates the European Union (EU) financial agencies. It explores how the EU financial architecture has developed over the past fifteen years, from the EU financial crisis to the new Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) package. EU financial markets are governed by multiple agencies: the European Banking Authority (EBA), European Securities and Markets Authority (ESMA), European Insurance and Occupational Pensions Authority (EIOPA), Single Resolution Board (SRB), and, most recently, Anti-Money Laundering Authority (AMLA), known as agencification. From their origins in the aftermath of the Great Financial Crisis to today, they have undergone multiple changes. These changes stem from the EU’s need to address money laundering risks and to advance its green agenda, as well as from the evolution of case law on agencies and the delegation of powers. This chapter briefly presents this scope and provides an overview of the next chapters.
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Bauerschmidt, J., D’Ambrosio, R., Fromage, D., & Schirk, A. (2026). Introduction: EU Financial Agencies, Including the Anti-Money Laundering Authority. In Jonathan Bauerschmidt, Raffaele D’Ambrosio, Diane Fromage, Andreas Schirk (ed.), The Anti-Money Laundering Authority and EU Financial Agencies (pp. 1-14). Oxford University Press. https://doi.org/10.1093/9780198980926.003.0001