AML, CTF and enforcement of financial sanctions policy and guidelines of Estonian Banking Association

Estonian Banking Association (EBA) approved a common policy and guidelines for the banking sector in the fight against money laundering. The aim of the measures is to ensure the use of sufficiently robust and effective control mechanisms for preventing money laundering. The EBA also submitted to the parties newly elected to parliament its proposals for using legislation to shore up anti money laundering efforts.

Please see: EBA’s anti money laundering, counter terrorism financing and enforcement of financial sanctions policy and guidelines