Skip to the text

Recital 85

Financial crimeLevel 1DirectiveAMLD6In forceOfficial source

The Union has witnessed on occasions a lax approach to the supervision of the obliged entities’ duties in terms of anti-money laundering and counter-terrorist financing duties. Therefore, it is necessary that national supervisors, as part of the integrated supervisory mechanism put in place by this Directive and Regulation (EU) 2024/1620, obtain clarity as to their respective rights and obligations.