EBA publishes its 2025 Opinion on money laundering and terrorist financing (ML/TF) risks affecting the EU’s financial sector

One key finding relates to the careless use of innovative compliance products. Over half of all serious compliance failures reported to the EBA’s EuReCA database involved the improper use of RegTech tools, including AI. This suggeststhat poor implementation, and a lack of expertise and oversight can create, rather than mitigate ML/TF risks. FinTech appear to be particularly vulnerable. 

Other findings relate to the crypto-asset sector, where a lack effective AML/CFT systems and controls appears to be pervasive, while some entities attempt to bypass regulatory oversight.