AMLA consults on group-wide requirements and business-wide risk assessment (EU AML package)
The EU's AMLA consults on draft RTS for group-wide requirements and guidelines on the business-wide risk assessment. Foundations of the AMLR. AML Radar signal.
- Jurisdiction
- 🇪🇺 European Union
- Authority
- AMLA — Anti-Money Laundering Authority (Frankfurt)
- Instrument type
- Draft RTS and draft guidelines — public consultation
The consultation concerns EU obliged entities, today mainly financial groups. But it builds the foundations of the AMLR, which from 10 July 2027 will cover a much wider range of entities. How AMLA defines 'business-wide risk assessment' will shape expectations for non-financial firms too.
In brief
- What: consultation on two instruments of the EU AML package — RTS on group-wide requirements and guidelines on the business-wide risk assessment (BWRA).
- Who issues it: AMLA — the EU Anti-Money Laundering Authority (Frankfurt).
- Status / timing: in consultation; public hearings on 20 May 2026 (group RTS) and 28 May 2026 (BWRA guidelines).
What changes
AMLA is consulting on (1) draft regulatory technical standards (RTS) setting out group-wide requirements under Articles 16(4) and 17(3) of the AML Regulation (AMLR), and (2) draft guidelines on the money-laundering and terrorist-financing risk assessment at the level of an obliged entity’s entire business (business-wide risk assessment). The hearing on the group RTS on 20 May 2026 drew more than 650 participants; the BWRA guidelines hearing took place on 28 May.
Who is affected
EU obliged entities, in particular corporate groups — banks, financial institutions and crypto-asset service providers (CASPs) subject to the AMLR.
What it means for non-financial firms
At this stage the consultation mainly concerns financial groups, so there is no direct obligation yet for a typical non-financial firm. This is not distant exotica, though: AMLA is building the foundations of the AML Regulation (2024/1624), applicable from 10 July 2027, which will cover a far wider range of entities. The notion of a “business-wide risk assessment”, defined today for banks, will be the reference point for other sectors tomorrow. It is worth understanding now what AMLA and the EU AML package are and whether you have a sanction screening obligation. For sectors such as insurance, the direction of this work is worth following.
What’s next
The comment deadline is published on the AMLA consultation page. Press release: AMLA consults on group-wide requirements and business-wide risk assessment.
AML Radar is an informational monitor, not legal advice. The content is based on publicly available government sources (links above) as of the update date. Facts and dates may change — verify the current status at the source before acting and consult a lawyer where needed.