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The EBA publishes its annual Risk Assessment of the European banking system

In November 2024, we published the 2024 risk assessment of the European banking system. One chapter in this Report focuses on financial crime risks.

date:  16/12/2024

Banks in Europe continue to rate ML/TF risk as significant, with 13% considering it a main driver of operational risk. Risks related to the implementation of restrictive measures in connection with the Russian war of aggression against Ukraine also continue to be a priority for banks. Although less significant, the risk of the laundering of proceeds of frauds is now considered of high significance for 22% banks, against 18% in spring 2024.

Related EBA AML/CFT Newsletter

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