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Joint ESAs Report on the withdrawal of authorisation for serious breaches of AML/CFT rules

In June 2022, we published a joint Report, together withESMA and EIOPA, on the withdrawal of authorisation for serious breaches of AML/CFT rules. The report provides a comprehensive analysis on the completeness, adequacy and uniformity of the applicable laws and practices on the withdrawal of license for serious breaches of the AML/CFT rules.

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date:  02/09/2022

It also lays down uniform criteria supervisors should use to assess the seriousness of a breach of AML/CFT rules. 

The joint Report fulfils Objective 5 of the Council Action Plan on AML of 2018.