AMLA consults on draft Guidelines for ongoing monitoring of business relationships to strengthen CDD and suspicious activity detection under the EU’s new AML regime – feedback until 3 Sept 2026

The Guidelines provide practical guidance on how firms should maintain up-to-date customer information, monitor transactions and activities, and identify unusual or suspicious behaviour throughout the lifecycle of a customer relationship. The draft adopts a risk-based and proportionate approach applicable across both financial and non-financial sectors and seeks feedback from a wide range of regulated entities…