EBA issues consultation on the first set of rules that will complement the EU AML Package

They relate to information institutions will need to obtain in the CDD context; how AMLA will decide which institutions it will supervise directly; how national supervisors will assess ML/TF risks associated with entities within their remit; and how they will enforce compliance with AML/CFT rules. The consultation is open until 6 June. These technical standards will be central to the EU’s new AML/CFT…