AMLA takes major step toward harmonised EU AML/CFT supervision introducing common risk assessment and selection framework to ensure consistent and robust oversight

Central to this are two draft Regulatory Technical Standards (RTS): one on risk assessments, which defines the data points and criteria national supervisors will use to evaluate ML/TF risks, and one on selection, which applies the same methodology for AMLA to identify entities for direct supervision. By introducing a common, harmonised approach, AMLA and national authorities will share a consistent understanding of risks, enhancing robustness and convergence in EU-wide supervision…