Financial Regulation
EBA Seeks Feedback on AML, TCB Reporting
The European Banking Authority (EBA) has published a draft technical package for version 4.3 of its reporting framework. This package specifically covers anti-money laundering (AML) and third country branches (TCB) reporting requirements. The EBA is now seeking feedback on these drafts, which are crucial for enhancing the consistency and effectiveness of financial supervision across the EU and safeguarding the integrity of the financial system.
EBA updates reporting rules for banks on money laundering and foreign branches.