EBA unveils latest AML/CTF developments in its May 2024 Newsletter

The EC has issued a ‘Call for Advice’ on the methodology of assessing ML/TF risk by AML/CFT supervisors, as well as pecuniary sanctions under Article 39(8) of the AMLD6 and on the minimum requirements for group-wide policies under Article 13(3) of the AMLR. It also includes amendments to the Guidelines for crypto-asset service providers (CASPs) …