The European Banking Authority has published a new set of guidelines challenging unwarranted de-risking resulting from anti-money laundering/countering the financing of terrorism (AML/CFT) rules and regulations, and seeking to safeguard access to financial services for vulnerable customers.These guidelines include a special annex on identifying and assessing ML/TF risk associated with NPO customers. The guidance provided seeks to help financial institutions better understand how NPOs are organised and how they operate, so that risk can be mitigated effectively, without having to deny the sector access to financial services altogether. A big shout out to all our Coalition members who submitted input to the EBA during the public consultation phase of this process.