The International Banking Federation supports the Commission’s view that information sharing is crucial to anti-money laundering and countering terrorist financing (AML/CFT), and that public-private partnerships (PPPs) should be encouraged to the fullest extent possible.  IBFed to EU_AML Reform Package_2 Nov 2021
The International Banking Federation also supports the Commission’s ambition to harmonise national AML/CFT measures through EUlevel legislation, guidance and supervision. Indeed, international regulatory fragmentation has complicated the work of regulators, law enforcement and multinational banking Groups which cannot easily put in place EU-wide AML/CFT programmes. IBFed_Response_to_EU PPPs for AML CFT_2 Nov 2021