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EBA publishes an updated Reporting Framework 4.3 data model and taxonomy to support AMLA’s 2027 risk assessment data collection for identifying entities potentially eligible for direct supervision

July 20, 2026

The updated taxonomy provides revised technical specifications and data structures to help firms prepare for AMLA’s 2027 risk assessment exercise, with a further v4.4 update expected to improve data reporting accuracy by distinguishing unavailable information from zero values and adding new data points. The exercise will support AMLA’s selection of up to 40 entities for direct supervision from 2028 and promote …

EC targets banking fragmentation with reforms to boost cross-border banking and competitiveness, as MEPs debate the balance between regulatory simplification and financial stability

July 17, 2026

The proposals have prompted debate in the European Parliament, with MEPs divided over how far regulation should be streamlined. Supporters argue that reducing regulatory complexity would enhance competitiveness and support investment, while critics warn that easing prudential requirements could undermine financial stability and weaken safeguards introduced after the global financial crisis…

AMLA’s 2025 AnnualActivity Report marks the Authority’s transition from institutional set-up to operational delivery, advancing the EU Single Rulebook, harmonised supervision and FIU cooperation

July 15, 2026

The report highlights key achievements in 2025, including the development of the EU Single Rulebook, preparations for direct supervision of selected high-risk cross-border FIs from 2028, strengthened coordination with national supervisors, and initiatives to enhance cooperation between FIUs. It also outlines AMLA’s work to build EU-wide risk analysis capabilities, data-sharing frameworks and technology to support more consistent, risk-based AML/CFT supervision…

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

July 13, 2026

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…

Europol’s new EU TE-SAT 2026 report warns that online ecosystems and AI are reshaping terrorist threat, making it more fragmented and less predictable, while jihadist terrorism remains EU’s top concern

July 13, 2026

The report finds that jihadist terrorism remains the EU’s most significant terrorist threat, while ideological boundaries are becoming increasingly blurred and lone actors continue to pose a growing risk. It highlights how extremist groups are exploiting digital platforms, AI and encrypted technologies to spread propaganda, recruit followers and plan attacks…

MONEYVAL’s 6th Round Mutual Evaluation Report on Armenia highlights AML/CFT progress while identifying gaps in ML prosecutions, asset recovery, TF risk assessment and virtual asset oversight

July 9, 2026

he report identifies fraud, embezzlement, corruption, tax crimes, drug trafficking and cybercrime as key money laundering threats, while calling for improvements in money laundering prosecutions, asset recovery, the identification of terrorist financing risks and the analysis of virtual asset-related risks. Armenia has been placed in enhanced follow-up and must report on progress against key recommended actions within three years…

EBA releases final technical package for reporting framework 4.3, introducing new Third-Country Branch reporting requirements and supporting AMLA’s data collection to identify entities for direct supervision

July 9, 2026

The technical package implements new reporting requirements for third-country branches under the Capital Requirements Directive and supports AMLA’s risk assessment data collection exercise. The package provides updated data point models, validation rules and XBRL taxonomies, with reporting expected to begin from 31 March 2027 for TCBs and 31 December 2026 for AMLA’s risk assessment exercise…

AMLA introduces a common EU enforcement approach to ensure consistent, risk-based supervisory responses to breaches across financial and non-financial sectors

July 8, 2026

The final draft regulatory technical standards set out a step-by-step method for assessing AML/CFT breaches, including gravity, duration, repetition, impact and other indicators before classifying cases into four seriousness levels. The approach applies across AML-regulated sectors and is designed to give supervisors a more consistent basis for choosing enforcement outcomes, penalties and remedial measures…

European Parliament issues Briefing on AMLA’s readiness for direct supervision ahead of public hearing with Chair Bruna Szego, highlighting the EU Single Rulebook and harmonised AML/CFT reforms

July 8, 2026

The briefing assesses AMLA’s readiness to assume its direct supervisory role from 2028, focusing on the selection of high-risk cross-border financial institutions, oversight of crypto-asset service providers under MiCAR, stronger cooperation between FIUs, consistent implementation of the EU’s Single AML Rulebook, and proportionate regulation that maintains robust AML/CFT safeguards…

MONEYVAL’s 6th Mutual Evaluation report finds Slovenia has strengthened its AML/CFT framework but needs further progress in DNFBP supervision, investigations, prosecutions, and asset recovery

July 7, 2026

The sixth-round mutual evaluation says Slovenia has a largely adequate understanding of money laundering risk, constructive international co-operation, effective operational co-ordination, strong market-entry controls for financial institutions and improved VASP requirements. However, MONEYVAL says Slovenia lacks a formal integrated national AML/CFT strategy, has serious weaknesses in DNFBP controls and supervision…

ESRB warns that frontier AI models could heighten cyber risks to the EU financial system, enabling more sophisticated attacks and requiring stronger supervisory focus on AI-related threats

July 7, 2026

The EBA, EIOPA and ESMA support the ESRB’s warning that frontier AI models could increase the scale, speed and sophistication of cyber-attacks affecting the financial system. They note that DORA and the AI Act provide important foundations for resilience, while stressing the need for continued monitoring of how AI-enabled cyber threats may affect financial stability…

MONEYVAL’s 2nd Enhanced Follow-Up Report notes Romania’s progress in enhancing its AML/CFT framework while identifying remaining gaps in targeted sanctions and virtual asset compliance

July 6, 2026

The follow-up report says Romania improved technical compliance on two FATF Recommendations covering targeted financial sanctions related to terrorism, terrorist financing and proliferation financing, both now rated largely compliant. MONEYVAL also records limited progress on national co-operation, non-profit organisations, financial institution secrecy, politically exposed persons, beneficial ownership of legal persons and AML/CFT statistics…

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