In short:

"This briefing analyzes the establishment of the European Authority for the Prevention of Money Laundering (AMLA) as a key component of the reform of EU legislation in the area of anti-money laundering and counter-terrorism financing (AML/CFT) in 2024. Now that AMLA has officially commenced its operations in the summer of 2025, a crucial question is how effectively the authority will translate the new rules into a consistent enforcement practice within the Union." It appears that further regulations will follow.

"Despite the formal approval of the main legislative instruments, the effectiveness of this framework will largely depend on the additional regulations that will be implemented. Until 2028, the European Commission, supported by AMLA and the European Supervisory Authorities (the European Banking Authority, EBA; the European Securities and Markets Authority, ESMA; and the European Insurance and Occupational Pensions Authority, EIOPA), will develop a series of delegated and implementing acts that will detail specific technical aspects, such as risk classification, transaction monitoring, data protection, or the exchange of information between authorities. These measures, collectively known as "Level 2" measures, include the Regulatory/Interpretative Technical Standards (RTS/ITS) that provide the operational guidelines necessary to ensure consistent implementation within the EU." (page 7)

This content has been automatically translated using machine translation. The original version is available in the source language.

This content was automatically translated using machine translation. The original version is available in the source language.