In this blog post, we have put together all relevant publicly available information regarding PSR & PSD3. You can find updates of the timeline and related events, links to all relevant documents and other helpful links regarding the PSR & PSD3 legislative process.

If something is missing, please feel free to contact us (see contact details at the end of this post).

The European Banking Authority (EBA) published Guidelines on policies and procedures for compliance management and the role and responsibilities of the Anti-Money Laundering Officer (AML Officer) on 14th June 2022.

These will come into force on 1st December 2022 and apply to all financial sector entities falling within the scope of the Anti-Money Laundering Directive (AMLD). In this post, we have summarized the main changes for the AML officers and the responsible management bodies based on the Guidelines.

On February 23, 2022, the Austrian Financial Market Authority (FMA) published updated circulars regarding the prevention of money laundering and combat of terrorist financing (ML/TF). These changes affect all four circulars, namely the circulars on Due Diligence Obligations, Risk Analysis, Internal Organisation, and Reporting Obligations.

This article summarises the main changes of the updates. It intends to assist obliged entities to quickly identify whether and to what extend their internal policies need to be amended.