In a speech at the International Anti-Financial Crime Summit in London, Hennie Verbeek-Kusters, Executive Board member of the Authority for Anti-Money Laundering and Countering the Financing of Terrorism, emphasized prevention as a central measure of the European Union’s anti-money laundering and countering the financing of terrorism framework. She called for supervision, financial intelligence unit cooperation and risk analysis to work together so authorities can better anticipate threats, identify how criminal networks exploit the financial system and support more effective interventions. Verbeek-Kusters argued that strong legislation, effective controls and greater transparency can make financial abuse harder and more costly, even when this preventive impact is not immediately visible. She cited measures covering cash payments, customer identification, crypto-assets and beneficial ownership as areas in which the financial system has become more resistant to misuse. Her remarks reinforce the authority’s established focus on combining supervisory and financial intelligence capabilities, with the long-term objective of making criminal abuse harder, rarer and less profitable.
European Union's Authority for Anti-Money Laundering and Countering the Financing of Terrorism board member emphasizes prevention and integrated oversight
Hennie Verbeek-Kusters, Executive Board member of the European Union’s anti-money laundering authority, emphasized prevention and closer integration of supervision, financial intelligence unit cooperation and risk analysis. She said stronger controls and transparency, including measures covering cash, customer identification, crypto-assets and beneficial ownership, can make financial abuse harder and more costly.