ECB’s Tuominen warns new technology is compounding money-laundering risks
Briefing by News4U · First published
Today Anneli Tuominen said, as the European Central Bank reported on X, that new technology is compounding money-laundering risks. The ECB Supervisory Board member’s remarks, highlighted in the central bank’s post, urged supervisors to prioritise effectively and upgrade digital tools, while calling on banks to strengthen their operational resilience and invest in AI. [1]