- Draft regulatory technical standards (RTS) on the methodology national supervisors will use to assess and classify the
EBA advises the Commission on the foundations of the new AML/CFT regime
New briefing note: FCA to become single professional services supervisor for AML/CTF – what should firms be thinking about now?
On 21 October 2025, HM Treasury published a Consultation Response providing details of responses to its 2023 consultation on the reform of the anti-money laundering/ counter-terrorist financing (AML/CTF) supervision regime and confirming that the Government has decided that the Financial Conduct Authority (FCA) should become the single professional services supervisor for
Updated HMT Money Laundering Advisory Notice: High Risk Third Countries
On 27 October 2025, HM Treasury issued an updated Money Laundering advice notice.
The update reflects changes to the countries in scope of High Risk Third Countries, as defined in the Money Laundering Regulations 2017, following updates to the list published by the Financial Action Task Force.
FCA survey findings: Financial crime controls in corporate finance firms
On 20 October 2025, the Financial Conduct Authority (FCA) published its survey findings on financial crime controls in corporate finance firms (CFFs). The results provide insight into how CFFs mitigate the risks of financial crime that they face and the FCA has stated that it will use the survey data as
EBA final report on AML/CFT colleges
On 22 October 2025, the European Banking Authority (EBA) published its fifth and final report on the functioning of anti-money laundering and countering the financing of terrorism (AML/CFT) colleges.
Key findings
The final report notes that overall the EBA found that the state of the colleges’ framework has remained stable since
The Netherlands introduces ban on cash payments of EUR 3,000 or more
On 9 October 2025, the Anti-Money Laundering Action Plan Act (Wet plan van aanpak witwassen, the Act) was published in the Dutch Government Gazette. The Act introduces a ban on cash payments of EUR 3,000 or more by traders of goods in the Netherlands.
This measure forms part of the Dutch government’s
AML/CFT supervision of banks is improving, the EBA finds
On 8 October 2025, the European Banking Authority (EBA) issued a final report on Member State competent authorities’ (NCAs) approaches to the anti-money laundering and countering the financing of terrorism (AML/CFT) supervision of banks.
Background
The final report follows in-depth reviews that the EBA carried out on 40 NCAs’
Economic Crime Plan 2 – outcomes progress report published
On 2 September 2025, the Home Office published its outcomes progress report on the Economic Crime Plan 2 (ECP2), which was published in March 2023 and set out how public and private sectors would cut economic crime, protect national security and support the UK’s economic growth. The report provides a summary of key
Proposed amendments to the MLRs – draft SI and HMT policy note
On 2 September 2025, HM Treasury (HMT) published a draft of the Money Laundering and Terrorist Financing (Amendment and Miscellaneous Provision) Regulations 2025 (the draft SI) alongside a note detailing the policy intention of the draft SI.
The draft SI makes certain technical amendments to the Money Laundering, Terrorist Financing and Transfer
Countdown to Compliance: five key priorities for those preparing for the UK’s New Failure to Prevent Fraud Offence
With under two weeks to go until the new UK failure to prevent fraud offence comes into force, this blog discusses the priority actions companies can take in preparation.
On 1 September 2025, the UK’s new “Failure to Prevent Fraud” (FtPF) offence will come into force, reshaping corporate liability for fraud and effectively