“The European Commission today presented a package of legislative initiatives aimed at strengthening EU rules related to combating money laundering and terrorist financing.

The package includes a proposal to create a new EU body to combat money laundering, ”TASS quotes a statement from the European Commission.

The EU Anti-Money Laundering Authority (AMLA) will have to “coordinate the authorities of the countries to ensure correct and consistent compliance with EU rules” in this area, as well as assist financial intelligence agencies. 

Earlier it was reported that the European Commission proposed to ban the use of anonymous electronic wallets in the European Union for transactions with cryptocurrencies.