On January 1, 2026, the European Banking Authority (EBA) transferred all AML/CFT mandates to AMLA, marking a key step in the EU’s fight against financial crime and establishing AMLA as the central supervisory authority.
On January 1, 2026, the European Banking Authority (EBA) and the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) completed the transfer of all AML/CFT mandates and functions from the EBA to AMLA. This marks a milestone in the EU’s efforts to combat financial crime.
The handover concludes the EBA’s stand-alone AML/CFT mandate that began in 2020 and is part of the new EU AML/CFT package, which established AMLA as the central authority for AML/CFT supervision in Europe.
AMLA and the EBA collaborated closely to ensure a seamless transition. Key tools and expertise, including the EuReCa database, supervisory insights, and risk assessments, have been transferred to AMLA. Existing EBA AML/CFT guidelines and standards will remain in force until replaced by AMLA, ensuring regulatory continuity.
Under the new framework, AMLA will complete the EU’s Single Rulebook, promote supervisory convergence, and coordinate the work of Financial Intelligence Units (FIUs) to improve cross-border exchange of financial intelligence. AMLA will also directly supervise 40 of the most complex financial institutions or groups within the EU.
The EBA will continue to address money laundering risks through prudential regulation, working alongside AMLA to maintain a coherent regulatory framework.
Both authorities have established a cooperation framework through a formal Memorandum of Understanding between ESAs and AMLA, enabling regular information exchange, joint initiatives, and engagement with the private sector.
Together, AMLA and EBA aim to deliver a more effective and consistent EU response to financial crime.
