On November 7, 2024, 乐鱼（Leyu）体育官网 held the second session of its AML Roundtable Series, an engaging and informative event that brought together industry leaders, regulators, and 乐鱼（Leyu）体育官网 experts to discuss the latest developments in anti-money laundering (AML) regulations. The session was mainly devoted to the Anti-Money Laundering Authority (AMLA) and the Anti-Money Laundering Regulation (AMLR) as well as on the FIAU鈥檚 Supervision Plan 2024 鈥� 2025.
AMLA and the AMLR
Keynote Insights from the FIAU
The session opened with a keynote address by Dr Clara Galdies from the Financial Intelligence Analysis Unit (FIAU). Dr Galdies provided a comprehensive overview of AMLA and the AMLR, shedding light on their anticipated impact and the role they will play in enhancing the EU鈥檚 AML framework.
Expert Analysis on AMLA and AMLR
G枚tz Fischer and Dr Melissa Van den Broek, from 乐鱼（Leyu）体育官网鈥檚 AMLA Office, delivered an in-depth presentation, examining the significant changes introduced by the single rulebook under AMLA and AMLR. The team highlighted the key changes relevant to Malta across various industries, as well as offering a detailed exploration of AMLA鈥檚 key functions, features, and its governance structure.
Throughout the session, interactive polls provided real-time insights into the views held by attendees on the topic. Most participants acknowledged that they are still in the exploratory phase of understanding the new AMLA and AMLR requirements. Many indicated that they are awaiting further clarity from the forthcoming Regulatory Technical Standards (RTSs), which will be issued progressively from late 2025 through mid-2027.
The AMLR will officially apply from July 10, 2027, a deadline viewed as ambitious by many attendees, who cited implementation challenges, internal bureaucracy, and increased reporting obligations as primary concerns. Additionally, the introduction and changes to other regulatory frameworks, such as DORA and instant payments, lead to the heightened ask on compliance resources.
Feedback from attendees suggested a general optimism about AMLA鈥檚 potential to enhance the EU鈥檚 AML regime, though some areas of uncertainty/challenge could also be noted. Attendees felt that the areas that are expected to have the most impact related to increased monitoring, reporting and the possibility of direct supervision. In response to another poll, it was noted that attendees supported stricter thresholds in line with other EU jurisdictions.
The final part of this session featured an engaging panel discussion with representatives from the FIAU and 乐鱼（Leyu）体育官网鈥檚 AMLA Office. Moderated by 乐鱼（Leyu）体育官网 Malta鈥檚 seasoned practitioners, Alex Azzopardi (Partner) and Deborah Cassar (Associate Director), the discussion delved deeper into the practical implications of the AMLA and the AMLR.
Looking Ahead: FIAU鈥檚 Supervision Plan
The event concluded with Ariane Azzopardi, Director of Quality and Risk Management, presenting the key elements of the published FIAU鈥檚 AML/CFT Supervision Plan for 2024-2025.
乐鱼（Leyu）体育官网鈥檚 AMLA Office: Supporting Businesses Through Change
In response to the establishment of AMLA, headquartered in Frankfurt, 乐鱼（Leyu）体育官网 has launched its dedicated AMLA Office. This specialised hub serves as a centre of excellence for AMLA supervisory policy and practice, offering bespoke guidance to help organisations navigate the evolving regulatory landscape.
乐鱼（Leyu）体育官网鈥檚 AMLA Office leverages the expertise of a global network of professionals to support clients in meeting new obligations aimed at combating financial crime. Whether through tailored compliance solutions or strategic advisory services, 乐鱼（Leyu）体育官网 remains committed to helping businesses stay ahead of regulatory challenges.
For the latest updates and insights, explore our comprehensive repository of AMLA-related resources.
