EBA, the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) (the European Supervisory Authorities (ESAs)) have published a report on how anti-money laundering and counter-terrorist finance (AML/CTF) obligations apply to e-money issuers, agents and distributors in Europe and how these entities are supervised. The report shows significant differences in how Member States have interpreted the second E-Money Directive (EMD2) and the third Money Laundering Directive (MLD3). It recommends the Commission takes the opportunity when reviewing these Directives to tighten up key definitions and inconsistencies. (Source: ESAs Publish E-money AML Report)