Risk assessment and Strategy

Key elements of an efficient system for combating money laundering, terrorist financing and proliferation financing are the national risk assessment and the national strategy.

National risk assessment

Taking into account the requirements of the FATF and the 5th Anti-Money Laundering Directive, Austria has prepared the National Risk Assessment 2021 (PDF, 1 MB). It identifies the risks of the sectors concerned by analyzing the prevailing threats and vulnerabilities and is intended to enable authorities and obliged entities to deploy their resources in a targeted manner and take effective preventive measures. The National Risk Assessment is the joint results document of all authorities involved in preventing and combating money laundering and terrorist financing in Austria. It was drawn up on the basis of detailed sector assessments. The NPO sector risk assessment (PDF, 1 MB) was published as a separate document (currently only in German).

National strategy 

The National Strategy for the Prevention of Money Laundering and Terrorist Financing represents the overall coordinated strategic objectives of the competent authorities involved in the prevention of money laundering and terrorist financing.

Based on the findings of the national risk assessment and the underlying sector assessments, the competent authorities have identified and prioritized risks in their area of activity and formulated strategic objectives as to how these risks can be addressed. The overarching objectives can be achieved by reaching the sub-objectives. 

Publication of statistics pursuant to Article 44(3) of the 4th Anti-Money Laundering Directive

As a supplementary measure, Austria must publish consolidated statistics (Excel, 81 KB) (currently only in German) in connection with systems for combating money laundering and terrorist financing in accordance with Article 44(3) of the 5th Anti-Money Laundering Directive.