FINANCIAL-CRIME OVERSIGHT
Anti-Money Laundering Authority
The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) is a decentralised agency of the European Union.
Explore AML/CFT RequirementsTHE CONTEXT
Overview
Its objective is to strengthen and coordinate the EU AML/CFT supervisory framework and improve cooperation between national authorities and Financial Intelligence Units.
02 / AMLA
AMLA Responsibilities
AMLA's responsibilities include:
- Supporting consistent application of EU AML/CFT rules
- Developing regulatory instruments
- Promoting supervisory convergence
- Supporting national AML/CFT supervisors
- Coordinating Financial Intelligence Units
- Facilitating cross-border cooperation
- Supporting joint analysis
- Managing and developing FIU.net
- Direct supervision of selected high-risk cross-border financial entities under its mandate
03 / AMLA
AMLA and the Private Sector
AMLA's regulatory role should not be confused with commercial certification.
AMLA does not issue private-company AML approval certificates or "AMLA licences". Its official FAQ specifically warns that documents claiming such certification are fraudulent.
04 / AMLA
AMLA and CASPs
CASPs operate within the broader EU AML/CFT environment. Businesses should monitor applicable EU legislation, AMLA regulatory instruments, national requirements and competent-authority expectations.
THE CONNECTED FRAMEWORK