In December, we published two factsheets on AML/CFT colleges.

One factsheet explains the overall AML/CFT colleges framework, which is set out in the ESA’s guidelines. The other factsheet explains how we monitor AML/CFT colleges, and how we select AML/CFT colleges that we will then monitor closely, i.e. those institutions that pose the highest ML/TF risks. When identifying the colleges to closely monitor, we also take into account the need to ensure a broad geographical spread, coverage by sector and the strategic importance of specific institutions in some regions and Member States.

In addition to active monitoring, from January 2022, we will also carry out thematic monitoring of colleges in certain sectors, and general monitoring of all colleges.