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ECB's Coeure says EU should have agency to fight money laundering

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ECB's Coeure says EU should have agency to fight money laundering

ECB's Coeure says EU should have agency to fight money laundering
@ Copyright :
Kai Pfaffenbach(Reuters)
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VIENNA (Reuters) - The best way for the European Union to counter money laundering would be to set up a single agency to supervise possible financial crimes at banks, European Central bank board member Benoit Coeure said on Friday.

"We support any initiative that leads to a more harmonised and more coordinated approach to anti-money laundering. Ideally this would be a single agency," Coeure told a news conference after a meeting of euro zone finance ministers in Vienna.

(Reporting by Francesco Guarascio and Jan Strupczewski)

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