The EU Anti-Money Laundering Authority (AMLA) is inviting obliged entities, trade associations and representative bodies, including those in gambling, to express interest in roundtables on simplified customer due diligence.
The meetings will examine how organisations apply proportionate checks where the assessed risk of money laundering or terrorist financing is lower.
AMLA plans to use operational examples and sector feedback to develop guidelines supporting consistent application of EU requirements. It particularly encourages interest from non-financial sectors and those facing specific difficulties with customer due diligence.
Roundtables are expected to take place in person in Frankfurt between 9 November and 2 December. Expressions of interest must be submitted by 18 October at 23:59 CEST, with applicants due to learn the outcome by 30 October.
Each session will have no more than 25 participants, selected with regard to sector coverage, geography and practical expertise.
Selected representatives will be asked to provide short written input beforehand and discuss anonymised examples of circumstances that might warrant simplified measures.
AMLA says its guidelines will remain within the existing legal framework and will not create exemptions from anti-money laundering requirements. Participants must cover their own travel costs, and meetings and written submissions will be in English.
The Danish Gambling Authority has publicised the invitation to its sector. For gambling businesses, the process offers an opportunity to explain practical challenges in applying customer checks.
AMLA previously sought feedback on draft EU standards covering detailed customer due diligence requirements, sanctions and transaction criteria. Further consultations launched in April addressed group-wide anti-money laundering controls and cross-sector risk assessment.
AMLA will limit each roundtable to a maximum of 25 participants
