On 22 July 2026, the Financial Conduct Authority (FCA) issued its findings following its earlier engagement with asset management and alternative firms (together firms) regarding their financial crime controls. The FCA has also published examples of good and poor practice.
Background
In 2025/26, the FCA engaged with 242 firms. It wanted to
On 2 July 2026, the EU Anti-Money Laundering Authority (AMLA) issued a consultation paper on draft implementing technical standards (ITS) specifying the format to be used for the reporting of suspicions and for the provision of transaction records under Article 69(3) of Regulation (EU) 2024/1624 (AML Regulation).
Background
Article
On 29 June 2026, the EU Anti-Money Laundering Authority (AMLA) issued an advisory note on the money laundering and terrorist financing risks linked to the end of the transitional period under the Markets in Crypto-Assets Regulation (MiCA). MiCA’s transitional period ends on 1 July 2026 and after this date firms must
On 24 June 2026, the Financial Action Task Force (FATF) issued a consultation on draft guidance on the revised Recommendation 16.
Background
In June 2025, the FATF adopted amendments to Recommendation 16 (R.16) and its Interpretive Note (INR. 16) to adapt the FATF Standards to changes in the payments
On 3 June 2026, the EU Anti-Money Laundering Authority (AMLA) issued a consultation on draft guidelines on ongoing monitoring of business relationships.
The draft guidelines are developed under Article 26(5) of the Anti-Money Laundering Regulation and are intended to support obliged entities in implementing their ongoing and transaction monitoring duties. They set out
On 12 May 2026, the EU Anti-Money Laundering Authority (AMLA) published a reporting package that sets out reporting instructions for Member State supervisors to use in order to identify which entities meet the criteria for inclusion in the selection for direct supervision, which will take place in 2027. The package consists of a
On 11 May 2026, the EU Anti-Money Laundering Authority (AMLA) issued a consultation paper under Directive 2024/1640 (AMLD) on draft regulatory technical standards (RTS) setting out the respective duties of the home and host supervisors, and the modalities of cooperation between them.
The draft RTS have been developed under