Europejski Urząd Nadzoru Bankowego, Europejski Urząd Nadzoru Giełd i Papierów Wartościowych (European Securities and Markets Authority - ESMA), Europejski Urząd Nadzoru Ubezpieczeń i Pracowniczych Programów Emerytalnych (European Insurance and Occupational Pensions Authority - EIOPA), Wspólny raport ESA w sprawie cofnięcia zezwolenia w przypadku poważnych naruszeń przepisów dotyczących przeciwdziałania praniu pieniędzy i finansowaniu terroryzmu

31 May 2022

ESAs 2022 23

Joint ESAs Report

on the withdrawal of authorisation for

serious breaches of AML/CFT rules

Executive Summary

Recent cases have drawn attention to the significant impact that serious breaches of AML/CFT rules may have on the sound and prudent management of supervised financial entities and their ability to continue meeting the conditions for authorisation (or registration) . Based on findings collected for the purposes of this Report, in the past 10 years competent authorities have withdrawn the authorisation (or registration) from financial entities for serious breaches of AML/CFT rules in 26 cases, alone or in combination with other grounds.

In the wake of such events the EU Council Action Plan on AML of 2018 (“AML Council Action Plan”) has requested the ESAs to clarify some aspects of the interaction between serious breaches of AML/CFT rules. This Report examines the four action points articulated in Objective 5 of the AML Council Action Plan and illustrates the...