The report also indicates the EBA’s priorities for 2022, where fighting money laundering and terrorist financing remains high in the agenda with the launch of the EU’s first, central AML/CFT database named EuReCA in early 2022. Through its database the EBA now collects, structures, analyses and shares information from national authorities on AML/CFT weaknesses. The EBA will use that information proactively to ensure that ML/TF risks are addressed by competent authorities and financial institutions in a timely and effective manner.