Scheda

EBA published its 2025 Opinion on money laundering and terrorist financing (ML/TF) risks affecting the EU’s financial sector.

The EBA’s assessment has highlighted the following observations:

FinTech: 70% of competent authorities report high or rising ML/TF risks in the financial sector. They point to weak AML/CFT controls and poor governance, as firms appear to prioritise growth over compliance.

RegTech: over half of serious compliance failures reported to the EBA’s EuReCA database involved the improper use of RegTech tools. Despite its potential to enhance compliance, RegTech is often poorly implemented due to lack of expertise and oversight.

Crypto Assets: this remains a high-risk sector, with a 2.5-fold increase in authorised crypto-asset service providers (CASPs) between 2022 and 2024. Many CASPs lack effective AML/CFT systems, and some attempt to bypass regulatory oversight.

Fraud and AI: criminals are increasingly using AI to automate laundering schemes, forge documents, and evade detection. Financial institutions struggle to keep pace with these sophisticated threats, highlighting the need for responsible AI use and robust monitoring.

Restrictive Measures: the complexity of EU sanctions regimes poses compliance challenges. Institutions often lack adequate systems to implement sanctions effectively. The EBA’s new Guidelines, applicable from end-2025, aim to harmonise standards across the EU