EBA consults on new Guidelines on the authorisation of credit institutions

In March, we launched a public consultation on a common assessment methodology for granting authorisation as a credit institution under the Capital Requirements Directive (CRD). The draft Guidelines set out how supervisors should consider ML/TF risk when assessing applications for authorisation and emphasise the importance of cooperation between prudential and AML/CFT supervisors, and between supervisors and other public bodies in this context.

The consultation is open until 10 June 2021.