The FIAU would like to inform subject persons about the following publications that have been issued by MONEYVAL, EUROPOL and the European Banking Authority (EBA):
Report on money laundering and financing of terrorism risks (ML/FT) in the world of virtual assets
MONEYVAL has published its report on ML/FT in the world of virtual assets. The report contains an examination of MONEYVAL members' adherence to Recommendation 15, a comprehensive review of the actions taken to oversee and control virtual asset service providers (VASPs), and an outline of the characteristics of the risks associated with criminals exploiting VASPs and virtual assets (VA) for money laundering purposes. This Report can be accessed directly through MONEYVAL’s website, or through the FIAU website by accessing the following link.
Internet Organised Crime Assessment (IOCTA) 2023
EUROPOL has published its annual Internet Organised Crime Assessment (IOCTA) of 2023. It contains Europol’s assessment of the cybercrime landscape and how it has changed over the last 24 months. This Report can be accessed directly through EUROPOL’s website, or through the FIAU website by clicking the following link.
1. EBA’s fourth opinion on money laundering and terrorist financing risks affecting the EU’s financial sector
The EBA has published its fourth opinion on ML/FT risks affecting the EU’s financial sector. This Opinion was issued in light of a transformed risk environment that affects both financial institutions' efforts to combat ML/FT and the supervisory methods employed by competent authorities. Some of the factors contributing to this changed landscape include geopolitical occurrences like Russia's invasion of Ukraine, legislative advancements such as the release of an extensive 'AML Package,' and the implementation of the Markets in Crypto-Assets Regulation (MiCAR).
This Report can be accessed directly through the EBA’s website, or through the FIAU website by accessing the following link.
In January 2022, the EBA launched EuReCa, its central AML/CFT database. In June 2023, the EBA published a factsheet that summarises what EuReCA is, who reports into it and how the EBA uses information from EuReCA to foster an effective approach by EU supervisors to tackling financial crime risks in their sector. This Factsheet can be assessed through the EBA’s website by clicking the following link.
3. EBA Annual Report
The EBA has published its Annual Report which sets out its activities and achievements for 2022 and provides an overview of the key priorities for 2023. The document can be accessed from the EBA’s website