AMLA consults on harmonised risk assessments in the non-financial sector, proposing EU’s first common methodology to assess ML/TF risks and strengthen consistent, risk-based supervision from 31 Dec 2028

AMLA’s draft standards ensure similar businesses are assessed consistently across Member States while allowing for proportionate approaches based on the size, complexity and risk profile of different entities. The framework is designed to help supervisors better allocate resources towards higher-risk areas, reduce unnecessary reporting burdens for smaller businesses and strengthen risk-based supervision…