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ARTICLE · 23 SEPTEMBER 2025

EBA Consults On New Rules Related To The AML/CTF Package

Dillon Eustace
Dillon Eustace
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On 6 March 2025, the European Banking Authority (EBA) published a consultation paper setting out draft Regulatory Technical Standards (RTS). The draft RTS have been issued in response to the European Commission's...

IrelandFinance and Banking
Karen Jennings
Karen Jennings
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On 6 March 2025, the European Banking Authority (EBA) published a consultation paper setting out draft Regulatory Technical Standards (RTS). The draft RTS have been issued in response to the European Commission's (Commission) Call for Advice. The draft RTS form part of EU's Anti-Money Laundering and Countering the Financing of Terrorism (AML/CTF) package that was published in the Official Journal of the EU on 19 June 2024.

The draft RTS addresses several important aspects of the EU AML/CFT framework, notably:

  • Criteria for selection of institutions to be subject to direct AMLA supervision (Article 12(7) of the Anti-Money Laundering Authority Regulation (AMLAR)): AMLA will initially identify institutions for direct supervision based on their cross-border activities. Subsequently, AMLA will apply a harmonised methodology to assess money laundering and terrorist financing (ML/TF) risks uniformly.

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