On 4 November 2025, the Financial Action Task Force (FATF) issued Asset Recovery Guidance and Best Practices.
The FATF revised its Recommendations on asset recovery and related international co-operation in October 2023 and made corresponding changes to the FATF Assessment Methodology in June 2024. These changes signal that asset recovery must become
On 12 August 2025, the European Banking Authority (EBA) published a Report on the use of technology tools in anti-money laundering (AML) and countering the financing of terrorism (CFT) supervision.
Overview
On 19 June 2024, the AML/CFT package was published in the Official Journal of the European Union which
On 31 July 2025, the Home Office updated its guidance on the exemptions from the money laundering obligations and money laundering reporting obligations in the Proceeds of Crime Act 2002 (POCA).
The purpose of the guidance is to set out the government position on exemptions relating to the money laundering obligations in the
On 28 July 2025, the European Banking Authority (EBA) issued an opinion addressed to the European co-legislators and anti-money laundering / countering the financing of terrorism (AML/CFT) competent authorities. It serves as the EBA’s fifth opinion which informs competent authorities’ application of the risk-based approach to AML/CFT supervision and the European
On 22 July 2025, the Wolfsberg Group issued a statement which re-establishes its commitment to the risk-based-approach (RBA). It includes a pledge to update the Wolfsberg Group’s 2006 RBA guidance, along with other documents that touch on the RBA, such as the 2015 FAQs on risk assessments.
On 16 July 2025, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2025/1184 updating the list of high-risk third countries set out in Delegated Regulation (EU) 2016/1675. These countries have been identified with strategic deficiencies in their anti-money laundering and countering the financing of terrorism regimes
On 3 July 2025, the European Supervisory Authorities announced that they had concluded a multilateral Memorandum of Understanding (MoU) with the European Union’s new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) to ensure effective cooperation and information exchange between the four institutions.
Article 91 of the Regulation
On 25 April 2025, the European Banking Authority (EBA) issued a Final Report containing draft regulatory technical standards (RTS) amending Commission Delegated Regulation (EU) 2018/1108 on the criteria for the appointment of central contact points for electronic money issuers (EMIs) and payment service providers (PSPs) and with
On 6 March 2025, the European Banking Authority (EBA) published a consultation paper setting out draft Regulatory Technical Standards (RTS) as part of its ongoing implementation of the EU’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) package. The draft RTS will be part of the EBA’s response
On 26 February 2025, the Financial Action task Force (FATF) issued a public consultation seeking input on best practices in mitigating proliferation financing risks. The consultation is intended to help FATF produce a report that will improve country and private sector understanding of current proliferation financing risks. This will cover the evasion techniques