The EU AML Regulation and AMLA: what changes from July 2027
Last reviewed 27 September 2026. A summary for orientation, not legal advice.
The EU's anti-money-laundering package replaces a patchwork of national rules with a single rulebook and a new EU authority. It has three parts:
- Regulation (EU) 2024/1624, the AML Regulation (AMLR). Directly applicable in every member state from 10 July 2027: the obligations on firms themselves.
- Directive (EU) 2024/1640, the sixth AML Directive. Transposed into national law, covering supervisors, financial intelligence units and beneficial ownership registers.
- Regulation (EU) 2024/1620, establishing the Anti-Money Laundering Authority (AMLA) in Frankfurt.
Not to be confused with Directive (EU) 2018/1673, often also called "6AMLD", which harmonised money-laundering offences in criminal law.
What the AML Regulation asks of firms
- One set of due diligence rules across the EU, including simplified and enhanced due diligence, with far less room for national variation.
- Beneficial ownership identified at 25% ownership or control, with rules for complex structures.
- Politically exposed persons defined consistently, with enhanced measures for them, their family and close associates.
- Crypto-asset service providers brought fully within scope.
- A €10,000 EU-wide limit on cash payments for goods and services, which member states may set lower.
AMLA
AMLA coordinates national supervisors and financial intelligence units and sets technical standards. From 2028 it will directly supervise up to 40 selected financial institutions with a high-risk profile operating in at least six member states; the selection process runs during 2027. Most firms stay with their national supervisor, but the standards AMLA writes apply to them all.
How Praman Labs supports this
- Screening against EU Council and member-state sanctions and watchlist sources, with 3,000+ PEP sources in early access.
- Customer risk rated from day one and raised by confirmed findings, with ongoing monitoring and periodic reviews scheduled by risk.
- Every screening decision recorded with the list version it was made against.
Official sources
Related: UK AML and sanctions · FATF Recommendations · NYDFS Part 504
