EBA publishes revised ML/TF risk factors Guidelines

In March, following an extensive public consultation, we published our final Risk Factors Guidelines. These Guidelines were first issued in 2017 and have since become central to financial institutions’ risk-based approaches to AML/CFT. We updated them to reflect changes in the EU legal framework, to address new ML/TF risks that have emerged since the previous version, and to clarify regulatory expectations where our findings from, for example, the Opinion on ML/TF risks and our implementation reviews suggested that this was necessary to achieve more robust and consistent outcomes across the EU.