In November 2023, we organised an Industry Roundtable with Members of the European Payment Institutions Federation (EPIF) as a follow up to the EBA Report on ML/TF risks associated with payment institutions, published in June 2023. The Roundtable’s objective was to constructively exchange on what the sector can do to improve their AML/CFT systems and controls. Discussions focused on ensuring adequate oversight of agent networks and the hallmarks of an effective approach to ongoing transaction monitoring in the sector.

Simultaneously, we continue our work with competent authorities to foster the exchange of information and good practices in relation to the supervision of the payment institution sector.