In June the EBA published its latest Annual Report. The report highlights the EBA’s continued leading work to reduce the risk of financial crime within the EU.   

In 2022, this included consolidating the regulatory framework and preparing to deliver ten new mandates under the recast Regulation on the transfer of funds and crypto-assets; launching the central database, EuReCA; continuing in-depth reviews of competent authorities’ approaches to tackling ML/TF risk; building supervisory capacity and fostering cooperation and information exchange in AML/CFT colleges.