The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) appeared before the European Parliament’s ECON and LIBE Committees, with Chair Bruna Szego presenting progress in setting up the new authority, outlining priorities, and responding to MEPs’ questions. Szego reiterated AMLA’s five long-term goals of ambition, cooperation, technology, communication and global leadership, and described AMLA as a “start-up authority” that has already established core governance, staffing and cooperation structures while building the foundations for a unified, risk-based EU AML/CFT system. Priorities for 2026 include focusing on level-2 mandates with the biggest impact on industry, preparing for AMLA’s direct supervision from 2028, developing standards and tools to strengthen financial intelligence unit (FIU) effectiveness and cross-border cooperation, and building an internal risk-analysis function to steer risk-based approaches at EU and national level; MEPs also raised issues including high-risk third-country listing, crypto-assets, drug-related money laundering and operational coordination with European law-enforcement agencies.
Authority for Anti-Money Laundering and Countering the Financing of Terrorism 2025-12-02
Authority for Anti-Money Laundering and Countering the Financing of Terrorism briefs European Parliament committees on 2026 priorities and preparations for direct supervision from 2028
The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) presented its progress and priorities to the European Parliament’s ECON and LIBE Committees. Chair Bruna Szego highlighted AMLA's establishment of governance and cooperation structures and outlined 2026 priorities, including level-2 mandates, direct supervision preparation, and enhancing financial intelligence unit effectiveness. MEPs raised concerns about high-risk third-country listings, crypto-assets, and law enforcement coordination.