The Authority for Anti-Money Laundering and Countering the Financing of Terrorism held a public hearing on its draft guidelines on minimum requirements for conducting business-wide risk assessments and the sources of information to be used. The session brought together more than 1,000 stakeholders from financial and non-financial sectors and civil society, and highlighted AMLA’s focus on a rulebook that is risk-based, clear and practical for the full range of obliged entities across the European Union. Drafting of the guidelines was presented as shaped by simplification, including avoiding duplication where anti-money laundering rules are already clear, and by proportionality. Participants raised questions reflecting the different operational realities of the sectors covered by the draft guidelines. AMLA said the input from the hearing will supplement written responses to the consultation and will help shape the final standards. Written submissions remain open until 15 July 2026, with AMLA particularly encouraging contributions from the non-financial sector.