Friday, July 3, 2026 — Actionable Regulatory Intelligence

The EU's single anti-money-laundering rulebook reaches its first hard checkpoint next week. The Authority for Anti-Money Laundering (AMLA) must deliver its first tranche of regulatory technical standards, implementing standards, and guidelines to the European Commission by 10 July 2026 — the bulk of roughly 23 Level-2 and Level-3 mandates due on that date. This first batch covers customer due diligence, risk-factor guidelines, and the content of the business-wide risk assessment. AMLA separately held a public hearing on 2 July on its draft ongoing-monitoring guidelines, with written responses open until 3 September. Once the Commission adopts them, the standards apply directly across all 27 member states; the substantive AML Regulation (2024/1624) applies from 10 July 2027, with AMLA's direct supervision of high-risk institutions starting in 2028.

AMLA — Regulatory instruments →

UK BNPL goes live inside the FCA perimeter on 15 July. Deferred Payment Credit (Buy Now Pay Later) becomes FCA-regulated under Policy Statement PS26/1 in 12 days, bringing third-party BNPL lenders under the Consumer Duty, affordability and creditworthiness checks, Section 75 protections, and Financial Ombudsman access. The temporary-permissions notification window closed on 1 July, and operating outside authorisation or the TPR after go-live is a criminal offence. Confirm your TPR status and Consumer Duty readiness now. FCA →

GENIUS Act stablecoin AML rule faces an 18 July statutory deadline. Six federal agencies are in the final sprint to finalise stablecoin rules one year after the Act's enactment. The Treasury/FinCEN–OFAC joint proposal treats permitted payment stablecoin issuers as Bank Secrecy Act institutions — mandating risk-based AML/CFT programmes, suspicious-activity reporting, Travel Rule obligations, and freeze/block capabilities. As of late June no final rule had published, so the statute's fallback effective date of 18 January 2027 may govern if the deadline slips. Stand up BSA-grade AML/CFT and sanctions programmes now. Treasury →

Brussels softens market-risk capital rules. The European Commission's 4 June delegated regulation applies a temporary FRTB "multiplier" that neutralises market-risk capital increases through end-2029, now in its Parliament/Council scrutiny window ahead of a 1 January 2027 application date. Trading-book banks should model own-funds under the multiplier. European Commission →

If you run AML/CFT compliance for an EU-exposed institution, assign an owner to track AMLA's 10 July output and start mapping the draft CDD, risk-factor, and monitoring standards to your group AML programme — the standards will apply directly, with no national transposition to buy you time.

Tomorrow's focus: The weekday cycle resets Monday with Cybersecurity, Data Security & Cloud Security. No daily briefing over the weekend.

CyberEyeQ — Actionable Regulatory Intelligence. Questions or feedback? [email protected]