Anti-Money Laundering and Countering the Financing of Terrorism

The EBA is required to ensure the integrity, transparency and orderly functioning of financial markets. As part of this mandate , the EBA works to prevent the use of the financial system for the purposes of money laundering and terrorist financing (ML/TF).

The EBA discharges its functions in this field by:

  • leading the development of AML/CFT policy and supporting its effective implementation by competent authorities and financial institutions across the EU to foster an effective risk-based approach to AML/CFT with consistent outcomes;
  • coordinating across the EU and beyond by fostering effective cooperation and information exchange between all relevant authorities in a way that supports the development of a common understanding of ML/TF risks, strengthens risk-based AML/CFT supervision, ensures that emerging risks are dealt with promptly across the single market and ensures effective oversight of cross border financial institutions; and
  • monitoring the implementation of EU AML/CFT policies and standards to identify vulnerabilities in competent authorities’ approaches to AML/CFT supervision and to take steps to mitigate them before ML/TF risks materialise.

The Factsheet on the EBA’s new role in AML/CFT provides an overview of our approach.

The EBA also launched a Newsletter with the latest activities on AML/CFT. You can subscribe to receive the newsletter here and explore the previous issues here.


EBA AML/CFT Newsletter

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Technical Standards, Guidelines & Recommendations

Technical standards

Regulatory Technical Standards on CCP to strengthen fight against financial crime

These Regulatory Technical Standards (RTS) are designed to help Member States determine when payment service providers and electronic money issuers should appoint a Central Contact Point (CCP) to support the fight against money laundering and terrorist financing. These draft RTS are part of the Joint Committee's work to establish consistent and effective risk-based supervisory practices across the EU.

Opinions, Reports and other Publications