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Text as of 19 Jun 2024 · Regulation (EU) 2024/1624, OJ L, 2024/1624, 19.6.2024 · Same wording as today’s text.Today’s text

Recital 10

Financial crimeLevel 1RegulationAMLRStage: AdoptedOfficial source

Holding companies that carry out mixed activities and have at least one subsidiary that is an obliged entity should themselves be included as obliged entities in the scope of this Regulation. To ensure consistent supervision by financial supervisors, in cases where the subsidiaries of a mixed activity holding company include at least one credit institution or financial institution, the holding company itself should also qualify as a financial institution.