ETAF co-signed a joint statement with Accountancy Europe, the Council of Bars and Law Societies of Europe (CCBE) and CFE Tax Advisers Europe, on behalf of European tax advisers, accountants, auditors and lawyers.
Together, we set out our collective concerns regarding the draft regulatory technical standards (RTS) developed by the EU Anti-Money Laundering Authority (AMLA), specifically their implications for non-financial professions.
We urge the European Commission and AMLA to take a step back, review whether the draft RTS truly improve AML effectiveness and make changes as needed.
