The FIAU would like to bring to your attention that the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) has launched a public consultation on draft Guidelines outlining the principles for the ongoing monitoring of business relationships, including the monitoring of transactions and activities carried out in the context of those relationships.
Ongoing monitoring is a key obligation under the AML/CFT framework, aimed at ensuring that obliged entities maintain a clear and current understanding of their business relationships after they have been established. This includes keeping customer information up to date and monitoring transactions and activities over time to identify any unusual or suspicious activity where it arises.
The draft Guidelines, developed under Article 26(5) AMLR, explain in practical terms how obliged entities are expected to meet these requirements. The draft Guidelines set out core principles intended to apply across both financial and non-financial sectors in a risk-based and proportionate manner.
Public input is essential to ensure that these draft Guidelines are effective and can be consistently applied in practice. AMLA therefore welcomes feedback from all sectors subject to AML requirements. AMLA has also scheduled an online public hearing on these draft guidelines on the 2nd of July 2026 between 10:00 and 12:00 (CEST).
For further information on registration and these draft guidelines, reference should be made to AMLA’s website.
The FIAU encourages relevant subject persons (obliged entities) to actively participate in this consultation process by reviewing the consultation document and submitting their feedback through the following link by 3rd of September 2026 at 23:59 (CEST).