AMLA finalises supervisory cooperation standards ahead of direct supervision in 2028, establishing a harmonised framework for selecting and supervising the bloc’s most significant cross-border FIs

The standards define the process for identifying supervised entities, outline data collection and risk assessment responsibilities, and require the transfer of firms’ full supervisory histories to ensure continuity. Developed in close cooperation with national supervisors, the framework is designed to minimise reporting burdens and support consistent, risk-based AML/CFT supervision across…