Brief
EU publishes draft standards for identity verification under new AML rule
The draft Regulatory Technical Standards aim to harmonise customer due‑diligence across the bloc and set a July 2027 deadline for compliance.
By Felo News Desk · Published
The Authority for Anti‑Money Laundering and Countering the Financing of Terrorism (AMLA) released its final report on draft Regulatory Technical Standards (RTS) under the EU Anti‑Money Laundering Regulation (EU) 2024/1624, outlining common identity‑verification rules for obliged entities.
What happened
The draft RTS, submitted to the European Commission, require firms to verify passports, national IDs or equivalent documents, recognise e‑identification under eIDAS and accept European Digital Identity Wallets that meet “substantial” or “high” assurance levels. Where physical or eIDAS‑compliant documents are unavailable, alternative digital methods may be used case‑by‑case with strict security safeguards.
What the reports add
BiometricUpdate notes that identity‑verification providers are already positioning products: IDnow will issue qualified, signed reusable credentials ahead of the July 10 2027 application date; Hopae launched an eIDAS 2.0 onboarding tool; Shufti introduced a unified compliance platform.
What was said
AMLA’s report stresses that documents must meet minimum information and security‑feature conditions, align with ICAO standards and include authenticity checks to detect forgery.
How it came about
The standards follow the EU’s 2024 AMLR, which seeks to create a single baseline for identity assurance across financial and commercial sectors.
Key facts
- AMLA published draft RTS for identity verification under the EU AMLR (biometricupdate.com)
- The draft requires verification of passports, national IDs, eIDAS solutions and future EUDI wallets (biometricupdate.com)
- IDnow, Hopae and Shufti are preparing compliance products ahead of a July 10 2027 deadline (biometricupdate.com)
- Draft RTS have been submitted to the European Commission for adoption (biometricupdate.com)
Sources
- [1] biometricupdate.com — originally reported as “European Union sets new identity verification standards under AMLR”
