Opinions are being sought by the Anti-Money Laundering Authority (AMLA) regarding three draft regulatory acts covering sanction fees, customer due diligence and identifying business relationships and transactions.
The new European supervisory authority is seeking the thoughts of all relevant stakeholders on the draft acts, which are intended to supplement the AML regulation with detailed rules across the three areas.
Both the Swedish and Danish gambling regulators have released statements encouraging licence holders in their respective countries to submit responses to the AMLA consultations, which opened up on 9 February.
One consultation covers financial sanctions, administrative measures and periodic penalty payments, concerning principles and related elements for authorities deciding on sanctions for licence holders that fall foul of the rules. This consultation has a deadline of 9 March.
Another consultation on customer due diligence procedures seeks feedback on the specifics detailed in the draft act, with the main rules set out in the AML regulation that comes into force on 10 July 2027.
The AMLA’s final consultation is asking for opinions on the criteria for identifying business relationships, occasional and linked transactions and lower thresholds. Similar to the previous consultation, the draft act provides specifics, with the main rules contained within the AML regulation.
Both of these consultations are scheduled to close on 8 May. Further public consultations by the authority are set to take place later this year.
Stakeholders being encouraged to participate include “obliged entities, supervisory authorities, Financial Intelligence Units, public authorities, self-regulatory bodies, international institutions and organisations, civil society organisations, consumer representatives, academia, and investigative journalists”.
Recently, the AMLA published its first Single Programming Document 2026-2028, offering an overview of its planned work, including developing a common EU AML/CFT framework, as well as the authority’s organisational structure, staffing and competence profile.
