In March, the EBA's chairperson, Jose Manuel Campa, wrote to the European Parliament, the Council and the Commission co-legislators about the importance of cooperation in the future EU AML/CFT framework, a holistic approach to tackling ML/TF and the criteria for selecting institutions that will be directly supervised by the future AMLA.

The Chairperson emphasised that ML/TF cannot be fought effectively in isolation, and that building on the synergies that exist between the AML/CFT, prudential and conduct frameworks will remain important to protect the European Union from financial crime.