Recital 88

(88) Supervisors should adopt a risk-based approach to their work, which would enable them to focus their resources where the risks are the highest, whilst ensuring that no sector or entity is left exposed to criminal attempts to launder money or finance terrorism. To that end, supervisors should plan their activities on an annual basis. In doing so, they should not only ensure risk-based coverage of the sectors under their supervision, but also that they are able to react promptly in the event of objective and significant indications of breaches within an obliged entity, including in particular following public revelations or information submitted by whistleblowers. Supervisors should also ensure transparency with respect to the supervisory activities they have carried out, such as supervisory colleges they organised and attended, on-site and off-site supervisory actions taken, pecuniary sanctions imposed or administrative measures applied. AMLA should play a leading role in fostering a common understanding of risks, and should therefore be entrusted with developing the benchmarks and a methodology for assessing and classifying the inherent and residual risk profile of obliged entities, as well as the frequency at which such risk profile should be reviewed.

← Recital 87 · All articles · Recital 89 →

Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.