EBA EXTERNAL COMMUNICATIONS - Guidelines on effective ML/TF risk management and access to financial services (‘Anti-derisking Guidelines’)

As a follow-up from the EBA Opinion on de-risking (published in January 2022), the EBA is working on a new set of guidelines to tackle further the negative impact of de-risking and to strike the right balance between financial inclusion and compliance with the current EU AML/CFT framework.

date: 02/09/2022

De-risking can lead to adverse economic outcomes and can affect individuals who are particularly vulnerable. Financial exclusion is of particular concern for the EBA, as access to at least basic financial products and services is a prerequisite for participation in modern economic and social life.

The Guidelines will be published for public consultation later in 2022.

Guidelines on effective ML/TF risk management and access to financial services (‘Anti-derisking Guidelines’)

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