In March 2024, we launched the public consultation on the Guidelines for the plans to orderly redeem asset-referenced tokens (ARTs) or e-money tokens (EMTs) based on Articles 47 and 55 of MiCAR in the event that the issuer fails to fulfil its obligations under MiCAR.
Our AML/CFT database (EuReCA) is collecting information about the AML/CFT material weaknesses identified by supervisor and measures taken in response to such material weaknesses. Following the publication of the RTS in the Official Journal of the European Union on 16 February 2024, the database is ready to start collecting information on natural persons associated with the infringements.
In March 2024, we launched the public consultation on the Guidelines for the plans to orderly redeem asset-referenced tokens (ARTs) or e-money tokens (EMTs) based on Articles 47 and 55 of MiCAR in the event that the issuer fails to fulfil its obligations under MiCAR.
We’d like to thank you for your interest in our work and wish you and your dear ones a joyous end of the year and a great beginning of 2023. Click on the image below for animation and sound.
We published our revised ML/TF risk factors guidelines in March 2021. They have now been translated into all official EU languages, which means that the revised guidelines will apply from 7 October 2021. All translations are available on the EBA’s website.
On 3 October 2024, the three European Supervisory Authorities: the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) are organising their 11th Consumer Protection Day. The theme of the event will be “Empowering EU consumers: fair access to the future of financial services”.
We are carrying out a survey of financial institutions to understand how they use RegTech solutions to comply with their legal and regulatory obligations, including in relation to AML/CFT. We will use responses to this survey to map activity in this area, identify barriers and risks related to the use of RegTech solutions and assess what we can do to facilitate the adoption and scaling up of RegTech solutions across the EU. We are particularly interested in responses from financial institutions that are using, or are in the process of developing, RegTech solutions to monitor business relationships or transactions for AML/CFT purposes. We would also like to hear from ICT third party providers that are offering or developing such solutions.
In July, we launched a public consultation on changes to our Guidelines on internal governance. Our proposed amendments reflect new provisions in the CRDV and IFD, and include guidance on the steps institutions should take to ensure that ML/TF risks are addressed as part of their internal governance arrangements and risk management frameworks.
