European Union: Money Laundering

June 2026 – A credit institution operating lawfully within the EU may not refuse to open a basic payment account for an individual solely...

The European Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) has been granted extensive enforcement powers to oversee compliance across the EU. These powers include the ability to impose administrative measures, pecuniary sanctions of up to €10 million or 10% of annual turnover, and periodic penalty payments on supervised entities. Understanding the scope, conditions, and legal remedies associated with these enforcement tools is critical for financial institutions

The European Authority for Anti-Money Laundering and Countering the Financing of Terrorism has launched a public consultation on draft regulatory technical standards that will establish harmonised requirements for group-wide AML/CFT frameworks across EU entities and their third-country operations.

The Central Bank of Ireland's Deputy Governor addresses the critical balance between maintaining robust capital requirements and fostering competition in the banking sector, while the European financial regulatory landscape continues to evolve through new guidelines on anti-money laundering cooperation, capital requirements, and sustainable finance implementation.

The Authority for Anti-Money Laundering and Countering the Financing of Terrorism’s (AMLA) consultation on draft Regulatory Technical Standards (RTS) under Article 28(1)...

Malta's legislative landscape underwent significant transformation in April 2026, with new regulations spanning anti-money laundering, gaming taxation, sports club commercialization, and cancer survivor protections. How will these changes reshape compliance obligations for financial institutions, gaming operators, and employers while advancing individual rights and market competitiveness?

After the European Banking Authority (EBA) handed over its anti-money laundering functions to the Anti-Money Laundering Authority (AMLA) on 31 December 2025...

Today, the Administration de l'Enregistrement, des Domaines et de la TVA – Registration Duty, Estate and VAT Authority...

Historically, many professional firms relied on a periodic review model, annual or event-triggered reassessments, to satisfy minimum statutory obligations.