TITLE: Anti-Money Laundering Authority Launches Data Collection Exercise to Test Risk Assessment Models BODY: On March 16, 2026, the Anti-Money Laundering Authority (AMLA) published a reporting package for its data collection and testing exercise. The exercise will test and calibrate AMLA's risk assessment models, which serve two key purposes: to inform the selection of up to 40 entities for AMLA's direct supervision beginning in 2028, and to ensure that money laundering risks of credit and financial institutions are assessed consistently by supervisors across the European Union. AMLA developed the reporting package in close cooperation with national supervisors and sampled entities. Following an initial feedback round, AMLA circulated a draft version to sampled entities via national competent authorities, enabling them to familiarise themselves with the template and begin internal data mapping. The reporting package now incorporates input from national supervisors and the private sector. All entities participating in this exercise have already been notified by their national competent authorities. Participating entities are requested to submit their data by April 22, 2026. The exercise will allow participating financial institutions to test and prepare their systems for future data collections, while AMLA will use the insights gained to optimise the data collection planned for the selection process in 2027. The reporting package, interpretative note, template, and a recorded webinar explaining the reporting requirements and next steps are available on AMLA's website. REFERENCES: Anti-Money Laundering Authority. "AMLA launches data collection exercise to test risk assessment models." March 16, 2026. https://www.amla.eu.int

AMLA launches data collection exercise to test risk assessment models - AMLA

Pipeline Progress

🔄 Pipeline Journey