AMLA Regulation
Navigation log
Table of Contents
Chapter I – Establishment, legal status and definitions
Chapter II – Tasks and powers of the authority
Chapter III – Organisation of the authority
Chapter IV – Financial provisions
Chapter V – Staff and cooperation
Chapter VI – General and final provisions
Recitals (89)
Annexes
Recital 14
(14) The draft regulatory and implementing technical standards should be subject to amendment only in very restricted and extraordinary circumstances, since the Authority is the actor in closest contact with, and with the best knowledge of, the AML/CFT framework. To ensure a smooth and expeditious adoption process for those standards, the Commission’s decision to endorse draft regulatory and implementing technical standards should be subject to a time limit.