EBA EXTERNAL COMMUNICATIONS - Guidelines on the role and responsibilities of the AML/CFT compliance officer

In June 2022, we published our new Guidelines on the role of AML/CFT compliance officers.

These Guidelines create, for the first time, a common understanding across EU Member States, of credit or financial institutions’ AML/CFT governance arrangements. They complement but do not replace relevant guidelines by the EBA on wider governance arrangements and suitability checks.

date: 02/09/2022

The Guidelines set clear expectations on the role, tasks and responsibilities of the AML/CFT compliance officer and the management body in relation to AML/CFT. They also specify that credit or financial institutions should appoint one member of their management body who will ultimately be responsible for the implementation of the AML/CFT obligations and clarify the tasks and functions of that person.

Guidelines on the role and responsibilities of the AML/CFT compliance officer

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