AMLA submits AML rules for Commission approval

AMLA has submitted draft RTS and ITS on AML/CFT controls and supervision to the European Commission, while the Finnish FSA urges supervised entities to begin impact assessments.

The notice says AMLA published final reports on draft technical standards after submitting them to the Commission for approval. The Finnish FSA will report later on approval and entry into force.

Draft standards span CDD and supervision

The package covers several parts of the future supervisory framework. The RTS include AMLR Article 28(1) on customer due diligence, Articles 16(4) and 17(3) on group-wide minimum requirements and measures for third-country subsidiaries and branches, and Article 40(2) on inherent and residual risk profiles.

Other RTS address AMLR Article 19(9) on business relationships, occasional and linked transactions and lower thresholds; AMLD Article 53(10) on pecuniary sanctions, administrative measures and periodic penalty payments; AMLD Article 46(4) on home-host supervisory cooperation; and AMLAR Article 12(7) on selecting institutions and groups for direct supervision.

The ITS cover cooperation within the AML/CFT supervisory system for direct supervision under AMLAR Article 15(3), FIU reporting to the EPPO under AMLR Article 81(1), AMLA reporting to the EPPO under AMLAR Article 41(2), and FIU-to-FIU exchanges under AMLD Article 31(2).

The Finnish FSA specifically points supervised entities towards customer due diligence, group-level arrangements, risk assessment and cross-border activity. It recommends that they assess the future rules' effects on their processes before the new EU framework starts to apply. The notice does not set an implementation deadline for the draft standards.

That recommendation supports preparatory review rather than a new binding control requirement. Entities could use the draft CDD standard to examine current procedures, group-level dependencies and cross-border arrangements, while treating any implementation decision as conditional on the final standards and applicable dates. Those are preparatory actions, not requirements established by the notice.

The notice does not identify an adoption or application date. It says AMLA submitted the drafts to the Commission for approval before their later publication in the Official Journal and that the Finnish FSA will provide further information on approval and entry into force.

AMLA has also invited representatives of obliged entities, trade associations and financial and other sectors to sector-specific round tables on simplified CDD. The feedback will inform Guidelines intended to support clear, effective and proportionate application of SDD. Applications close on 18 October 2026.

The next identified event is that application deadline. After it, the official signals to monitor are AMLA and Commission communications on the standards and the Finnish FSA's later update on approval and entry into force.