The money laundering subcommittee is open to all EMA members and is attended by money laundering reporting officers (MLROs) or other anti-money laundering (AML) practitioners. The subcommittee tracks developments in the area of money laundering and counter financing of terrorism (CFT).

The subcommittee addresses:

  • Emerging trends in the threats of ML and CFT
  • Sharing of experiences in addressing the risks of AML and CFT
  • Documenting typologies and adopting typologies issued by relevant bodies
  • Engaging with regulators on the evolution of regulation and supervision of firms’ anti-money laundering processes
  • Developing industry guidance on compliance with national AML and CFT legislation
  • Participation in the Joint Money Laundering Steering Group and publishing electronic money sector guidance