Austria’s Financial Market Authority (FMA) announced that the Administrative Board of the EU Anti-Money Laundering Authority (AMLA) unanimously elected Andreas Schirk, head of the FMA department responsible for anti-money laundering, counter-terrorist financing and sanctions supervision, as co-chair of AMLA’s newly established Internal Committee on Private Sector Standards. The committee will develop harmonised requirements and risk indicators for financial institutions and obliged entities in the non-financial sector, supporting the design of the future supervisory architecture and ensuring national expertise is reflected early in standard-setting. Schirk will co-lead the committee with Rikke Louise Ørum Petersen, a member of AMLA’s Executive Board, for a two-year term. The FMA also highlighted its wider engagement in AMLA, including Katharina Muther-Pradler’s role as the authority’s representative on AMLA’s Administrative Board and Elfriede Taurua’s work over the past year on building the new EU authority.
Austria Financial Market Authority 2026-02-10
Austria Financial Market Authority official elected co-chair of AMLA private sector standards committee
Austria's Financial Market Authority announced Andreas Schirk, head of its anti-money laundering department, has been elected co-chair of the EU Anti-Money Laundering Authority's Internal Committee on Private Sector Standards. Schirk will co-lead with Rikke Louise Ørum Petersen for a two-year term, reflecting Austria's active engagement in AMLA's supervisory architecture development.