Regulatory Intelligence

EBA Publishes Updated Taxonomy for AMLA 2027 Risk Assessment Data Collection

The European Banking Authority (EBA) has released version 4.3 of its reporting framework, including an updated data model and taxonomy to support AMLA's 2027 risk assessment of entities eligible for direct supervision. This version is for preparatory purposes only and must not be used for submissions. A further release (v4.4) is expected in September 2026, adding new data points and improving handling of unavailable information.

CSSF Publishes Notification Form for Commodity Derivatives

The CSSF has published a notification form for commodity derivatives under MiFID II/MiFIR, effective 13 July 2026. Credit institutions and investment firms must use this form to notify relevant derivative transactions to the regulator.

Council Agrees Position on EU Migration, Border & Security Funding 2028-2034

The Council of the EU has agreed its negotiating position on the next Multiannual Financial Framework (MFF) for migration, border management, and internal security for 2028-2034. This sets the stage for negotiations with the European Parliament on the future funding of these policy areas.

Tracfin and DGDDI Sign Protocol to Strengthen Cooperation

On 16 July 2026, Tracfin and the French Customs Authority (DGDDI) signed a protocol to enhance operational cooperation in combating money laundering, drug trafficking, and organized crime. The agreement focuses on joint work, mutual knowledge, and inter-service mobility.

FATF 7th Update on Virtual Assets: Gaps Persist Despite Progress

The FATF's seventh targeted update on virtual assets and VASPs highlights continued progress in implementing Recommendation 15, but notes significant gaps in risk mitigation, licensing enforcement, and supervision. Emerging risks include industrialised fraud, stablecoin misuse, and unhosted wallet P2P transactions.

EU Council Implementing Regulation 2026/1708: New Russia Sanctions Measures

The Council of the EU adopted Implementing Regulation (EU) 2026/1708 on 13 July 2026, implementing Regulation (EU) 2024/1485 concerning restrictive measures in view of the situation in Russia. The regulation introduces new obligations for financial institutions and other operators in the EU, with immediate effect.

Household Consumption Growth Loses Momentum in Belgium

The National Bank of Belgium reports that household consumption, while still the main driver of Belgian growth, has lost momentum due to structural changes and recent shocks. Income dynamics remain key, with the saving rate acting as a buffer. Regional divergences are notable, with Wallonia experiencing a more pronounced deceleration.