The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) has launched public consultations on three draft Regulatory Technical Standards intended to harmonise customer due diligence standards for financial and non-financial obliged entities and support more consistent supervision and enforcement across the European Union. The draft RTS on Business Relationships set criteria for identifying business relationships, occasional transactions and linked transactions that determine when customer due diligence obligations apply. The draft RTS on Customer Due Diligence build on the AML Regulation framework and specify how obliged entities should verify customer identity and conduct ongoing monitoring in a risk-sensitive and proportionate way. The draft RTS on Enforcement set a common supervisory approach for assessing, categorising and responding to breaches of AML/CFT obligations. AMLA is inviting feedback from all stakeholders on the Business Relationships RTS and is particularly seeking input from the non-financial sector on the Customer Due Diligence and Enforcement RTS; submissions are accepted in all official EU languages. An online public hearing on the Business Relationships and Customer Due Diligence drafts is scheduled for 24 March 2026, with further details to follow.
Authority for Anti-Money Laundering and Countering the Financing of Terrorism 2026-02-09
Authority for Anti-Money Laundering and Countering the Financing of Terrorism consults on draft technical standards for customer due diligence and harmonised EU supervision
The Authority for Anti-Money Laundering and Countering the Financing of Terrorism has initiated public consultations on three draft Regulatory Technical Standards to harmonize customer due diligence across the EU, focusing on business relationships, customer identity verification, and enforcement. Stakeholders are invited to provide feedback, with an online hearing set for 24 March 2026.