{"id":941531,"date":"2026-05-06T12:42:41","date_gmt":"2026-05-06T12:42:41","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/941531\/"},"modified":"2026-05-06T12:42:41","modified_gmt":"2026-05-06T12:42:41","slug":"insight-pressure-on-amla-to-provide-advice-on-data-sharing-eu-financial-institutions-are-frozen-without-guidance","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/941531\/","title":{"rendered":"INSIGHT: Pressure on AMLA to provide advice on data sharing; EU financial institutions are \u2018frozen\u2019 without guidance"},"content":{"rendered":"

By CARLO BOFFA, EU Correspondent<\/p>\n

THE European Union risks becoming a magnet for illicit funds unless it resolves conflicts between its privacy laws and anti-money laundering rules that can block private firms from sharing key data with authorities.\u00a0<\/p>\n

The EU\u2019s GDPR is among the strictest data protection frameworks in the world, limiting the amount of customer data companies are allowed to pass on while allowing consumers to request erasure of their data. These limitations have the potential to hinder both data retention under AML regulation and its transmission to the law enforcement agencies that track illicit funds.<\/p>\n

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View subscription options<\/a>If you have an account, log in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"By CARLO BOFFA, EU Correspondent THE European Union risks becoming a magnet for illicit funds unless it resolves…\n","protected":false},"author":2,"featured_media":941532,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5174],"tags":[35453,121763,2000,299,5187,1699],"class_list":["post-941531","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-amla","tag-data-sharing","tag-eu","tag-europe","tag-european","tag-european-union"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116527691621966128","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/941531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=941531"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/941531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/941532"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=941531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=941531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=941531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}