Cyprus official appointed to European Anti-Money Laundering Authority working group

Angelika Theofanous, Head of the Anti-Money Laundering Department at the Cyprus Gaming and Casino Supervision Commission (CGC), has been appointed to a high-level working group of the European Anti-Money Laundering Authority (AMLA). The group consists of a limited number of representatives from supervisory authorities across EU member states. Its objective is to develop a unified European risk assessment methodology for non-financial sector entities. According to the CGC, members were selected through a rigorous evaluation process based on expertise and professional competence. Theofanous is part of a small group of experts chosen to represent the gaming sector at a pan-European level. This appointment is viewed by the CGC as a recognition of the authority's specialization within the European supervisory landscape. AMLA serves as the premier European institution for preventing money laundering and terrorism financing. The authority is responsible for shaping uniform supervisory standards and methodologies throughout the European Union.