The EU’s Anti-Money Laundering Authority (AMLA) has launched a data-collection exercise to test and calibrate risk-assessment models that will be used in 2027 to choose up to 40 financial institutions for direct AMLA supervision starting in 2028. 

The entities selected for the exercise have already been notified by their national supervisors and must submit data by April 22, 2026, according to the authority, which noted that submissions should be sent to national supervisors first, with those authorities carrying out initial checks for Excel errors, warnings, and completeness before validated files are transmitted to AMLA. 

The authority noted that reporting must be done at solo level for each affiliate institution, not on a consolidated basis, meaning branches and subsidiaries must report to the supervisor in their own country while head offices exclude cross-border branches and subsidiaries from their submissions. 

The exercise covers both institutions that could be eligible for direct supervision and a broader sample used for risk modeling, according to the authority, which described a final sample of about 5,000 credit and financial institutions, combining a targeted sample of eligible entities identified by supervisors and a 5-percent random sample per category and authority. 

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