Following the July 1, 2026 expiration of the MiCA transition period, European Parliament lawmakers are demanding answers from AMLA Chair Bruna Szego over persistent regulatory gaps. While approximately 210 firms secured compliance, many unauthorized crypto-asset service providers continue to operate across the bloc. MEPs want Szego to explain her supervision plans before a joint committee, as AMLA rolls out harmonized risk assessment methodologies and standardized reporting formats to curb cross-border money laundering.
AMLA crypto supervision implementation
- ▪The European Anti-Money Laundering Authority published a consultation on harmonized risk assessment in the non-financial sector on July 13, 2026
- ▪The European Anti-Money Laundering Authority plans to hold a public hearing on its risk assessment methodology consultation on September 10, 2026, with implementation targeted for December 31, 2028
- ▪The European Anti-Money Laundering Authority is developing a common format for reporting suspicious transactions, launching a public consultation on July 2, 2026
EU CASP regulatory uncertainty
- ▪The transition period under the European Union's Markets in Crypto-Assets regulation expired on July 1, 2026, requiring non-authorized crypto-asset service providers to halt services to European Economic Area customers
- ▪Approximately 210 digital asset firms achieved Markets in Crypto-Assets compliant status in the European Union ahead of the July 1, 2026 cutoff
- ▪Crypto-asset service providers continue to operate across the European Union regardless of whether they have secured a license under the Markets in Crypto-Assets regulation
MEP oversight of AMLA
- ▪Members of the European Parliament are seeking explanations regarding how crypto-asset service providers continue to operate across the European Union without licenses despite the July 1, 2026 deadline
- ▪Members of the European Parliament want the European Anti-Money Laundering Authority to address ongoing regulatory gaps and implementation challenges within the European crypto market
AMLA Chair accountability
- ▪Members of the European Parliament want European Anti-Money Laundering Authority Chair Bruna Szego to explain her plans for the supervision of crypto-asset service providers
- ▪European Anti-Money Laundering Authority Chair Bruna Szego is scheduled to appear before a joint committee of the European Parliament
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