AMLA launches a major EU-wide data collection exercise with banks to test and calibrate its risk assessment models, preparing to tighten oversight and directly supervise high-risk FIs starting in 2028

AMLA is working closely with national supervisors and the private sector, collecting detailed data from two groups of financial institutions: those likely to fall under AMLA’s direct supervision and a representative sample of other institutions. The exercise will provide high-quality, harmonized data, enabling AMLA to refine its models and ensure consistent risk assessments across member states. The outcomes will feed into the final selection of entities for direct supervision, expected to be published in 2027, helping to strengthen the EU’s ability to detect, prevent, and mitigate ML and terrorist financing threats…