AMLA Regulation

(17) Given the important role played by thematic reviews in AML/CFT supervision across the Union, since they enable the level of exposure to risks in relation to obliged entities under supervision to be identified and compared, and given that, at present, supervisors in different Member States do not benefit from those reviews, it is necessary that the Authority identifies national thematic reviews that have a similar scope and timeframe and ensures their coordination at Union level. To avoid situations of possibly conflicting communications with supervised entities, the coordination role of the Authority should be limited to interaction with the relevant supervisory authorities, and should not include any direct interaction with non-selected obliged entities. For the same reason, the Authority should explore the possibility of aligning or synchronising the timeframe of national thematic reviews and facilitate any activities that the relevant supervisory authorities might wish to carry out, whether jointly or otherwise.