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 62
(62) To allow for swift decisions, all decisions of the Executive Board, including decisions where the Commission has a right to vote, should be taken by simple majority, with the Chair of the Authority holding a casting vote in the event of a tied vote. To ensure sound financial management of the Authority, with respect to decisions where the Commission has a right to vote and the Executive Board deviates from the opinion of the Commission, the Executive Board should be able to provide a thorough justification for such deviation.