On the 6th of March 2025, the European Banking Authority launched a public consultation on four draft Regulatory Technical Standards (RTS) which will shape how institutions and supervisory authorities will comply with their anti-money laundering and countering the financing of terrorism (AML/CFT) obligations under the new AML/CFT package. The proposed RTSs focus on the following matters: the way the EU’s Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) will decide which institutions will be subject to direct supervision; the determination of the ML/TF risk associated with each institution; the extent and the quality of information institutions will have to obtain as part of the customer due diligence process; indicators and criteria to be considered when establishing the level of pecuniary sanctions or taking administrative measures, as well as developing a methodology on how to impose periodic penalty payments. On the 31st of October 2025, the EBA will submit its response to the European Commission’s Call for Advice requesting to prepare the RTSs to support AMLA operations’ rapid and effective start.
The deadline to submit comments to the Consultation Paper is the 6th of June 2025. The EBA will hold a virtual public hearing on the Consultation Paper on the 10th of April 2025 from 14:00 CET. Interested stakeholders can register using this link by the 8th of April 2025 at 16:00 CET.
