EBA – Guidelines for AML/CFT Supervisory Authorities

On November 27 the European Banking Authority (EBA), extended the guidelines on anti-money laundering and countering the financing of terrorism (AML/CFT) to crypto-asset service providers (CASPs).

These guidelines establish the measures that supervisory authorities should observe to identify and manage money laundering (ML) and terrorist financing risks (TF).

The guidelines for CASPs will be published by the Authority through upcoming amendments to the ML/TF risk factor guidelines and new guidelines to prevent the abuse of fund transfers and crypto-assets for ML/TF purposes.