AMLA: What financial institutions can expect - and how to prepare properly now
A new European standard
The implications are far-reaching:
• New data and reporting requirements
• Harmonized processes across national borders
• Real-time monitoring of critical activities
• Stricter control by an EU authority
Complexity is increasing, and with it operational and regulatory risks.
Why early action is crucial
Those who wait risk project bottlenecks, higher costs, and operational uncertainties.
Institutions that are currently preparing for the AMLA are primarily doing three things:
Why early action is crucial
Clarity
because roles, processes, and systems are adapted in a timely manner
Security
because risks are identified and minimized at an early stage
Efficiency
because modern technologies reduce manual effort
How GFT supports
1. Understand and translate requirements
GFT has been supporting banks for years in implementing complex regulatory requirements. We combine expertise, technology, and practical implementation experience - including the Smaragd Compliance Suite.
Our focus:
- Analysis of AMLA requirements
- Assessment of the impact on existing processes and IT systems
- Definition of a robust target vision
2. Making processes and data fit for AMLA
What we are going to do:
- Improvement of data quality
- Standardization and harmonization of AML processes
- Optimization of end-to-end payment processes
3. Use technology that is AMLA-compatible
With the Smaragd Compliance Suite, used by leading central banks and major institutions, we can offer:
- AI-supported real-time monitoring
- Efficient alarm processing
- Automated screening and reporting
- Flexible integration into existing core banking systems
4. Safely steering transformation
The goal is a setup that not only complies with regulations but is also sustainable in the long term.
- Development of a pragmatic roadmap
- Management of the implementation process
- Change management and training support
An approach that reduces risks and facilitates decision-making
GFT stands for a holistic, practical, and reliable implementation approach. We ensure that new requirements do not lead to project backlogs, but rather to a strategic advantage.
Prepare now. Benefit later.
The AMLA is becoming a reality. Those who act early will create room for maneuver and protect their own institution from unnecessary risks.
If you would like to know how your institution can prepare and what steps are advisable at this stage, you can download our AMLA overview as a compact document.