Zenoo

Zenoo Compliance Brief

EBA hands AML oversight to new EU authority from July 2027

Plus, FinCEN fines Canaccord Genuity $80 million for AML breaches, French regulator penalises MoneyGram €1.3 million, and OFAC greenlit Lukoil contract talks.

26 March 2026 · 4 min read

EBA hands AML oversight to new EU authority from July 2027

The EBA's exit from AML supervision marks a significant reshuffling of EU financial crime oversight. Obliged entities now face a tight deadline to align with tighter CDD thresholds under the unified AMLR ahead of July 2027. Meanwhile, enforcement actions continue across the Atlantic and Europe. Canaccord Genuity took an $80 million hit from FinCEN, MoneyGram faced French sanctions for control failures, and OFAC issued a limited exemption for Lukoil contract negotiations. Your compliance calendar just got busier.

In today's brief

  • 1 What does EU's new centralised AML regulator mean for your CDD thresholds and reporting lines?
  • 2 Why did an OTC market-maker's AML gaps cost $100m across three regulators?
  • 3 Does MoneyGram's French fine signal stricter AML enforcement across remittance operators?
  • 4 Does OFAC's Lukoil authorization signal a broader reset in Russia sanctions enforcement?
Latest Developments

Subscribe to keep reading.

This content is free, but you must be subscribed to the Zenoo Compliance Brief to continue reading.

Free · Curated by compliance practitioners · Zero spam

Already a subscriber?