EBA’s report on AML/CFT SupTech identifies these tools as key drivers for advancing supervision, enhancing efficiency and data analysis while emphasising robust governance

The report stresses the need for a digital-first culture, robust change management, interoperability, and privacy safeguards, along with continuous evaluation of performance. Cross-border and domestic collaboration is crucial to ensure SupTech tools are effective, secure, and compliant, helping regulators tackle financial crime more efficiently…