EBA publishes final report on the functioning of AML/CFT colleges

In 2019, the EBA, together with the European Supervisory Authorities (ESAs), set up a framework for AML/CFT colleges in the financial sector. The intention was to institutionalise cooperation between competent authorities, to make AML/CFT supervision more targeted and effective. Since then, more than 260 AML/CFT colleges have been established. The EBA has been monitoring the functioning of AML/CFT colleges since their inception. 

In October, we published our last report on the functioning of AML/CFT colleges, summarising key trends and outcomes from its monitoring activities in 2024 and 2025. The colleges' framework remained stable, with a slight reduction in numbers due to mergers or terminations, continued effective information exchange, and a saw a small increase in third-country observer participation. However, limited progress was observed in implementing a risk-based approach to college organisation and ensuring systematic discussions on common ML/TF risks. 

From 1 January 2026, AMLA will assume responsibility for monitoring AML/CFT colleges.