C807 - AMLA’s sectoral roundtables on simplified customer due diligence
RegCanary analysis of a CySEC publication
Why it matters
RegCanary's analysis of what this means for regulated firms.
Stakeholders must express interest via EU Survey by 18 October 2026. For compliance teams, this is a key opportunity to influence future EU-level SDD rules, which will likely harmonise how firms apply simplified measures in lower ML/TF risk situations. While no immediate action is mandated, firms should review their current SDD frameworks, ensure risk assessments properly justify any simplified measures, and consider whether to participate directly or via trade associations.
The tight expression-of-interest deadline means decisions are needed now. Monitor AMLA outputs closely; eventual guidelines may reduce ambiguity but could also tighten supervisory expectations. Firms using SDD for high-risk customers should reassess immediately.
Overall, this is a moderate-impact, medium-urgency development for AML compliance functions across investment firms, crypto providers, and professional services. No immediate compliance obligation, but proactive engagement is advisable.
Who this affects
Sectors and firm types identified in the analysis.
- Financial Crime
Source
CySEC
Original publication, 13 October 2026
Read the original publication cysec.gov.cyThis is RegCanary's analysis, not the regulator's text. It summarises and interprets the publication above; it is not the CySEC's original wording, and it is not legal advice. Always rely on the original source.