The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) is consulting through a public hearing on draft regulatory technical standards for a central anti-money laundering and countering the financing of terrorism database. The database will provide a single point for EU supervisory authorities to report and retrieve information on obliged entities, supervisors and supervisory activities, supporting risk identification, targeted supervision and AMLA’s oversight of the EU supervisory system. The standards specify the timing, scope and detail of supervisory reporting, including the materiality threshold for reporting breaches and the conditions under which AMLA may request further information. Reporting will rely primarily on information supervisors already hold or will otherwise collect, with automation and streamlined processes used where possible, avoiding new reporting costs for obliged entities. Some requirements will apply in stages to give supervisors time to adapt. A public hearing is scheduled for Nov. 3, 2026.
Authority for Anti-Money Laundering and Countering the Financing of Terrorism consults on central EU supervisory database
AMLA is consulting on standards for a central EU database covering obliged entities, supervisors and supervisory activities. The standards define reporting requirements, breach materiality thresholds and AMLA’s access to further information, while relying on existing supervisory data to avoid new costs for obliged entities. Some requirements will apply in stages.