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ARTICLE · 02 MARCH 2026

EU AML Enforcement: AMLA Consults On Harmonised Penalties

Matheson
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On 9 February 2026, the EU’s new Anti-Money Laundering Authority (“AMLA”) opened a public consultation process in respect of its draft Regulatory Technical Standards on enforcement (the “RTS”).

IrelandFinance and Banking
Karen Reynolds
Karen Reynolds
Ian O'Mara
Ian O'Mara
Joe Beashel
Joe Beashel
Aishlinn Gannon
Aishlinn Gannon
Ian Cusack
Ian Cusack
Brid Cannon
Brid Cannon
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On 9 February 2026, the EU’s new Anti-Money Laundering Authority (“AMLA”) opened a public consultation process in respect of its draft Regulatory Technical Standards on enforcement (the “RTS”).

Established in July 2024, AMLA is a decentralised EU agency that will coordinate national authorities to ensure the correct and consistent application of the EU AML rules.  It is a key component of the EU’s new AML package and its full set of powers will become effective in July 2027.  In preparation for this, AMLA is launching a number of consultation processes to garner views from stakeholders to help shape the new AML landscape within the EU.  This follows previous consultations by the European Banking Authority (“EBA”) which focussed on the financial sector; and separate consultations in respect of business relationships and customer due diligence are also currently ongoing.

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