Philea and partners meet with new EU Anti-Money Laundering Authority
Philea and its partners from the EU Non-Profit Organisation (NPO) Coalition on AML/CFT (Anti-Money Laundering and Countering the Fight of Terrorism) met in Frankfurt with the new EU Anti-Money Laundering Authority (AMLA) on 22 January 2026.
This was the first meeting of its kind with AMLA, which was created under the 2024 EU AML/CFT Package and began its operations in July 2025 out of Frankfurt. The meeting provided an opportunity to share the perspectives of the NPO sector and foundations on AML/CFT issues and to kick-start a more regular dialogue between the NPO coalition with AMLA.
Philea and its partners addressed the implications of the 2024 AML Package on the non-profit sector, particularly with regards to the unclear definition of Beneficial Ownership for NPOs including public-benefit foundations and the higher compliance burden for crowdfunding platforms, which are considered “obliged entities” under the Package. Other important issues discussed were the impact of AML/CFT regulations on financial access of NPOs, and the challenges in addressing financial services for Human Rights Defenders in exile. The Coalition shared several best practices in relation to these issues, including on implementing Customer Due Diligence requirements in relation to NPOs under a risk-based approach, and organising tripartite dialogues between the government, banks and NPOs in relation to financial access.
As the implementation of the Package continues, Philea looks forward to continuing conversations with AMLA with a view to establishing a positive, structured dialogue with the Authority
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