Anti-Money Laundering Regulation
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Table of Contents
Chapter I – General provisions
Chapter II – Internal policies, procedures and controls of obliged entities
Chapter III – Customer due diligence
Chapter IV – Beneficial ownership transparency
Chapter V – Reporting obligations
Chapter VI – Information sharing
Chapter VII – Data protection and record retention
Chapter VIII – Measures to mitigate risks deriving from anonymous instruments
Chapter IX – Final provisions
Recitals (175)
Annexes
Chapter V – Reporting obligations
Article 74
Threshold-based reports of transactions in certain high-value goods
1. Persons trading in high-value goods shall report to the FIU all transactions involving the sale of the following high-value goods when those goods are acquired for non-commercial purposes:
(a) motor vehicles for a price of at least EUR 250 000 or the equivalent in national currency;
(b) watercraft for a price of at least EUR 7 500 000 or the equivalent in national currency;
(c) aircraft for a price of at least EUR 7 500 000 or the equivalent in national currency.
2. Credit institutions and financial institutions that provide services in relation to the purchase or transfer of ownership of the goods referred to in paragraph 1 shall also report to the FIU all transactions they carry out for their customers in relation to those goods.
3. Reporting pursuant to paragraphs 1 and 2 shall be carried out within the deadlines imposed by the FIU.