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On April 27, 2026, the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences (Sepblac) published guidelines on applying simplified customer due diligence measures in anti-money laundering and counter-terrorism financing (AML/CFT). Customer due diligence constitutes a fundamental component of AML/CFT preventive systems, enabling obliged entities to understand their customers, assess the nature and purpose of business relationships, and identify unusual or suspicious transactions. Both Financial Action Task Force (FATF) standards and Spanish and European regulatory frameworks require these obligations to be applied using a risk-based approach, with the scope, intensity, and frequency of measures adjusted according to identified risk levels. The guidelines address recent international standards and European regulatory developments, serving two primary objectives. First, they promote consistent and prudent application of simplified customer due diligence measures by providing practical criteria and guidance to obliged entities. Second, they facilitate a smooth transition to the new European AML/CFT regulatory framework, which will become directly applicable from July 2027. Obliged entities should refer to these guidelines when determining whether simplified due diligence measures are appropriate for specific customers or business relationships, ensuring compliance with both current Spanish requirements and forthcoming European standards. REFERENCES: Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences (Sepblac). Guidelines to applying simplified Due Diligence measures. April 27, 2026. Available at: https://www.sepblac.es/