--- title: "Article 88 — Reports" type: regulation legal_status: in_force source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32024R1624" source_retrieved: 2026-09-29 shortTitle: "Article 88 — Reports" instrument_type: level1_regulation authority: Commission binding: true binding_character: binding mica_level2: false legal_basis: "Regulation (EU) 2024/1624" instrument: amlr celex: "32024R1624" regulation: AMLR regulation-full: "Regulation (EU) 2024/1624" article: 88 status: in_force object_id: eu.amlr.legal_text.article.88 text_version: "Regulation (EU) 2024/1624, OJ L, 2024/1624, 19.6.2024" source_url: "https://eur-lex.europa.eu/eli/reg/2024/1624/oj/eng" check_status: matched verified: true last_checked: 2026-10-26 --- *In force · applies from 10 Jul 2027 · Regulation (EU) 2024/1624, OJ L, 2024/1624, 19.6.2024 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg/2024/1624/oj/eng)* By 10 July 2030, the Commission shall submit reports to the European Parliament and to the Council assessing the necessity and proportionality of: **(a)** lowering the 25 % threshold for the identification of beneficial ownership of legal entities through ownership interest; **(b)** extending the scope of high-value goods to include high-value garments and accessories; **(c)** extending the scope of the threshold-based disclosures under [Article 74](74.md) to cover the sale of other goods, of introducing harmonised formats for the reporting of those transactions based on the usefulness of those reports for FIUs, and of extending the scope of information collected from persons trading in free-trade zones; **(d)** adjusting the limit for large cash payments. *** [Chapter IX — Final provisions](../chapters/ix.md) · [← Article 87](87.md) · [Article 89 →](89.md)