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ARTICLE · 10 SEPTEMBER 2025

Regulatory Insights - August 2025

KPMG in Cyprus
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Notification & passporting: Funds must submit core documents—such as the prospectus, KIID, and reports—to host NCAs before marketing; some jurisdictions allow marketing once an acknowledgment is received

CyprusFinance and Banking
Marios G. Lazarou
Marios G. Lazarou
Marie-Hélène Angelides
Marie-Hélène Angelides
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Technology can make EU anti-money laundering supervision more effective, says EBA

EBA published a report on 12 August 2025 on how technology tools (SupTech) can improve the supervision of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT). The report examines ongoing innovation by EU authorities and how technology can help implement the new EU AML/CFT framework.

Key points:

  • The EU has created a new authority, the AMLA, to coordinate AML/CFT supervision across member states. This change offers a chance to modernise how supervision is done, making it more data-driven and risk-focused.
  • The EBA conducted a survey of national supervisors and hosted a workshop to understand trends, challenges, and best practices in using technology for AML/CFT supervision. issues with data governance.

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