AMLA - Consultation Paper: Draft Implementing Technical Standards on cooperation within the AML/CFT supervisory system for the purposes of direct supervision
Article 15(3) of the AMLAR requires AMLA to develop implementing technical standards (‘ITS’) that specify how AMLA and financial supervisors cooperate in the context of the direct supervision.
The draft ITS plays a pivotal role in ensuring continuity and consistency in AML/CFT supervision across the EU. It addresses the operational questions that arise when obliged entities transition between direct supervision by AMLA and their respective national financial supervisors. It also specifies how the selection process will be carried out, from data collection to publication of the list of selected obliged entities for direct supervision.
By adopting a balanced approach that ensures legal certainty while allowing flexibility to ensure a proportionate approach, efficient processes and effective outcomes, the draft ITS aim to provide a clear and adaptable framework for the selection and supervision of obliged entities.
The consultation runs until 27 January 2026
