Anti-money laundering and countering the financing of terrorism: the AMF applies the guidelines of the European Banking Authority on restrictive measures for crypto-asset service providers

Background

On 14 November 2024, the EBA published guidelines (EBA/GL/2024/15) to clarify certain requirements of Regulation (EU) 2023/1113 (known as TFR II) for the internal policies, procedures and controls that payment service providers (PSPs), which fall under the jurisdiction of the ACPR, and crypto-asset service providers (CASPs), which fall under the jurisdiction of the AMF, should put in place to ensure the effective implementation of restrictive measures (freezing of funds and economic resources held by targeted individuals or entities, targeted financial sanctions, sectoral restrictive measures) at the EU and national level when transferring funds and crypto-assets, as defined in the TFR II Regulation.

Application of the Guidelines

The AMF has incorporated these guidelines, which apply from 30 December 2025, in its new position DOC-2025-02.

The AMF applies these guidelines in its supervision of the crypto-asset service providers under its jurisdiction pursuant to order No. 2024-397 of 15 October 2024.

The AMF also applies these guidelines to those digital asset services providers (DASPs) under its supervision covered by the transitional period established by Article 8 III of law No. 2023-171 of 9 March 2023 by application of Article 143 of Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (MICA), which will end on 1 July 2026.