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Overview

Jurisdiction: European Union
Topic: Money Laundering
Instrument type: Regulation
Reference number: 2024/1624
Valid from: 2024-07-09
Valid to: 2027-07-09
Modified date: 2024-05-31
Listed at: Unlisted draft
Withdrawn at: -
Description: Establishes directly applicable EU anti-money laundering and counter-terrorist financing requirements for obliged entities, including customer due diligence, beneficial ownership transparency, suspicious transaction reporting, internal controls, record retention and restrictions on anonymous instruments and large cash payments.

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Sources

Source URL	Crawler	Publish date
https://publications.europa.eu/resource/celex/32024R1624	FramesCube Manual Requests

Logs

Type	Status	Started at	Finished at
Parse	Finished	2026-08-27 22:29:49 UTC	2026-08-28 00:47:16 UTC
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beneficial-ownership information) [INFO] [AiRegulationParser] created obligation 2161 (Apply group-wide AML/CFT requirements) [INFO] [AiRegulationParser] created obligation 2162 (Control and document outsourcing) [INFO] [AiRegulationParser] created obligation 2163 (Retain AML/CFT records) [INFO] [AiRegulationParser] created obligation 2164 (Avoid anonymous instruments and bearer shares) [INFO] [AiRegulationParser] created obligation 2165 (Observe the large-cash payment limit) [INFO] [AiRegulationParser] created measure 55 (Approve and publish internal AML/CFT policies) [INFO] [AiRegulationParser] created measure 56 (Establish a compliance officer function) [INFO] [AiRegulationParser] created measure 57 (Run customer and beneficial-owner screening) [INFO] [AiRegulationParser] created measure 58 (Submit a suspicious-transaction report) [INFO] [AiRegulationParser] created measure 59 (File beneficial-ownership register updates) [INFO] [AiRegulationParser] created measure 60 (Convert or immobilise bearer shares) [INFO] [AiRegulationParser] created penalty 295 (Member States must provide effective, proportionate and dissuasive penalties for breaches of the Regulation, with the specific penalty types and liable persons determined under national law.) 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Download	Finished	2026-08-27 15:39:54 UTC	2026-08-27 22:29:48 UTC
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Rule sets

	Label	Effective
	Obliged companies and professional operators	2027-07-10 — 9999-12-31
	Applies from milestone: Application Start (2027-07-10) Expires at milestone: - No conditions.
	Football agents and professional football clubs	2029-07-10 — 9999-12-31
	Applies from milestone: Other (2029-07-10) Expires at milestone: - No conditions.
	Parent companies of obliged groups	2027-07-10 — 9999-12-31
	Applies from milestone: Application Start (2027-07-10) Expires at milestone: - No conditions.
	EU legal entities	2027-07-10 — 9999-12-31
	Country scope: AT, BE, BG, HR, CY, CZ, DK, EE, FI, FR, DE, GR, HU, IE, IT, LV, LT, LU, MT, NL, PL, PT, RO, SK, SI, ES, SE Applies from milestone: Application Start (2027-07-10) Expires at milestone: - No conditions.
	Foreign legal entities with Union connections	2027-07-10 — 9999-12-31
	Applies from milestone: Application Start (2027-07-10) Expires at milestone: - No conditions.
	Companies issuing or holding bearer shares	2027-07-10 — 9999-12-31
	Applies from milestone: Application Start (2027-07-10) Expires at milestone: - No conditions.
	Companies trading goods or providing services	2027-07-10 — 9999-12-31
	Applies from milestone: Application Start (2027-07-10) Expires at milestone: - No conditions.

Questions this regulation asks

Attributes only this regulation asks about — criteria no general attribute expresses. A company answers each once.

This regulation asks no questions of its own — every condition uses a general attribute.

Obligations

Title	Kind	Rule set
Maintain internal AML/CFT policies and controls	Governance	-
Description: Maintain proportionate written internal policies, procedures and controls covering AML/CFT, targeted financial sanctions, risk management, customer due diligence, reporting, record retention, staff integrity and training; keep them updated and obtain the required approvals. Frequency: Continuous Check frequency: Continuous Products/Services: All activities within the scope of the Regulation. Checking responsibility: Management body, compliance manager, compliance officer and independent audit function. Check method: Written policies, management approvals, internal controls and independent or external testing. Rule set: - Source reference: Article 9(1)-(3) Source excerpt: Obliged entities shall have in place internal policies, procedures and controls in order to ensure compliance with this Regulation
Perform and document a business-wide risk assessment	Due Diligence	-
Description: Identify and assess money-laundering, terrorist-financing and sanctions-evasion risks, document and regularly review the assessment, keep it current and make it available to supervisors on request. Frequency: Continuous Check frequency: Other Products/Services: The company’s activities, products, transactions, delivery channels, customers and geographical areas. Checking responsibility: Compliance officer prepares; management body approves; supervisors may request it. Check method: Documented risk assessment, regular review and supervisory production on request. Rule set: - Source reference: Article 10(1)-(2) Source excerpt: Obliged entities shall take appropriate measures, proportionate to the nature of their business, including its risks and complexity, and their size, to identify and assess the risks of money laundering and terrorist financing to which they are exposed
Appoint and resource compliance functions	Governance	-
Description: Appoint a compliance manager and compliance officer, provide adequate staff and technology, protect their independence, ensure direct reporting lines and give them access to necessary information. Frequency: One-time Check frequency: Continuous Products/Services: The company’s AML/CFT compliance function. Checking responsibility: Management body and supervisor. Check method: Appointment records, resource allocation, reporting arrangements and protection measures. Rule set: - Source reference: Article 11(1)-(5) Source excerpt: Obliged entities shall appoint one member of the management body in its management function who shall be responsible for ensuring compliance with this Regulation
Train and assess relevant personnel	Governance	-
Description: Provide documented ongoing AML/CFT training and assess the skills, knowledge, good repute, honesty and integrity of employees, agents and distributors before they begin relevant activities and regularly thereafter. Frequency: Continuous Check frequency: Other Products/Services: Employees, comparable persons, agents and distributors involved in compliance. Checking responsibility: Compliance officer and management body. Check method: Training records and documented integrity assessments. Rule set: - Source reference: Articles 12 and 13(1) Source excerpt: The measures referred to in the first paragraph shall include the participation of employees or persons in comparable positions, including agents and distributors, in specific, ongoing training programmes
Apply customer due diligence	Due Diligence	-
Description: Identify and verify customers, beneficial owners and authorised representatives; understand the purpose and nature of relationships; check targeted financial sanctions and politically exposed person status; and conduct ongoing monitoring. Frequency: Event-triggered Check frequency: Continuous Products/Services: Business relationships and occasional transactions, including specified high-value, gambling, crypto-asset and legal-entity transactions. Checking responsibility: Obliged entity and its compliance function. Check method: Identity documents or qualified electronic identification, beneficial-ownership register checks, risk assessment and transaction monitoring. Rule set: - Source reference: Articles 19(1) and 20(1) Source excerpt: For the purpose of conducting customer due diligence, obliged entities shall apply all of the following measures:
Record customer due-diligence decisions and supporting evidence	Record Keeping	-
Description: Keep records of actions, decisions, supporting documents and justifications relating to customer due diligence, including refusals, terminations and alternative measures. Frequency: Event-triggered Check frequency: Continuous Products/Services: Customer due-diligence processes and related business relationships or transactions. Checking responsibility: Obliged entity; records must be available to supervisors and competent authorities. Check method: Review of records and supporting documents. Rule set: - Source reference: Article 21(3) Source excerpt: Obliged entities shall keep record of the actions taken in order to comply with the requirement to apply customer due diligence measures, including records of the decisions taken and the relevant supporting documents and justifications.
Report suspicious activity to the FIU	Reporting	-
Description: Promptly report known, suspected or reasonably suspected criminal proceeds, terrorist financing and suspicious attempted transactions to the FIU, and respond to FIU requests for information. Frequency: Event-triggered Check frequency: Event-triggered Products/Services: All customer transactions and activities giving rise to suspicion. Checking responsibility: Compliance officer transmits the report; FIU receives and may request further information. Check method: Suspicious-transaction reports and responses through the FIU reporting channel; responses normally within 5 working days. Rule set: - Source reference: Article 69(1) and (6) Source excerpt: reporting to the FIU, on their own initiative, where the obliged entity knows, suspects or has reasonable grounds to suspect that funds or activities, regardless of the amount involved, are the proceeds of criminal activity or are related to terrorist financing
Refrain from suspicious transactions pending FIU instructions	Other	-
Description: Do not carry out transactions known or suspected to relate to criminal proceeds or terrorist financing until the report is submitted and applicable instructions are complied with, subject to the statutory three-working-day rule and exceptions. Frequency: Event-triggered Check frequency: Event-triggered Products/Services: Transactions suspected of involving criminal proceeds or terrorist financing. Checking responsibility: Obliged entity and FIU or other competent authority. Check method: Transaction hold, suspicion report and compliance with FIU instructions. Rule set: - Source reference: Article 71(1) Source excerpt: Obliged entities shall refrain from carrying out transactions which they know or suspect to be related to proceeds of criminal activity or to terrorist financing until they have submitted a report
Report beneficial-ownership discrepancies	Reporting	-
Description: Report discrepancies between central-register information and information collected during customer due diligence without undue delay and within 14 calendar days of detection, subject to the permitted minor-error exception. Frequency: Event-triggered Check frequency: Event-triggered Products/Services: Beneficial-ownership information of customers and related legal entities. Checking responsibility: Obliged entity; central register receives the report. Check method: Comparison with central registers and discrepancy report with supporting information. Rule set: - Source reference: Article 24(1) Source excerpt: Obliged entities shall report to the central registers any discrepancies they find between the information available in the central registers and the information they collect pursuant to Article 20(1), point (b), and Article 22(7).
Maintain and report beneficial-ownership information	Record Keeping	-
Description: Legal entities must obtain, hold, update and report adequate, accurate and current beneficial-ownership information, provide it to obliged entities and competent authorities, and retain required records after dissolution. Frequency: Continuous Check frequency: Annual Products/Services: Beneficial-ownership information and ownership or control structures. Checking responsibility: Legal entity, designated document-retention person, administrator or liquidator. Check method: Central-register filings, annual verification, document retention and production on request. Rule set: - Source reference: Articles 62(1)-(2) and 63(1)-(6) Source excerpt: Legal entities shall provide, in addition to information about their legal owners, information on the beneficial owners to obliged entities where the obliged entities are applying customer due diligence measures in accordance with Chapter III.
Apply group-wide AML/CFT requirements	Governance	-
Description: Parent companies must perform a group-wide risk assessment and establish, implement and monitor group-wide policies, procedures, controls, compliance functions and information-sharing safeguards across branches and subsidiaries. Frequency: Continuous Check frequency: Annual Products/Services: Branches and subsidiaries in Member States and, where applicable, third countries. Checking responsibility: Parent company management body and group compliance manager. Check method: Group-wide risk assessment, policies, controls, information-sharing safeguards and annual reporting. Rule set: - Source reference: Article 16(1)-(3) Source excerpt: A parent undertaking shall ensure that the requirements on internal procedures, risk assessment and staff referred to in Section 1 of this Chapter apply in all branches and subsidiaries of the group
Control and document outsourcing	Governance	-
Description: Notify outsourcing before the outsourced task starts, remain fully liable, use qualified providers under written agreements, monitor implementation regularly and ensure outsourcing does not impair supervisory oversight. Frequency: Event-triggered Check frequency: Other Products/Services: Tasks arising from the Regulation that are outsourced to service providers. Checking responsibility: Obliged entity and supervisor. Check method: Prior notification, written agreement, provider qualification evidence and regular controls. Rule set: - Source reference: Article 18(1)-(5) Source excerpt: The obliged entity shall notify the supervisor of the outsourcing before the service provider starts to carry out the outsourced task.
Retain AML/CFT records	Record Keeping	-
Description: Retain customer-due-diligence documents, suspicious-activity assessments and reports, transaction evidence and information-sharing records for five years from termination, transaction or refusal, subject to lawful extensions. Frequency: Continuous Check frequency: Continuous Products/Services: Customer, transaction, suspicion-reporting and information-sharing records. Checking responsibility: Obliged entity; competent authorities may require access or further retention. Check method: Retention systems, non-redacted records and secure retrieval for authorities. Rule set: - Source reference: Article 77(1) and (3) Source excerpt: The information referred to in paragraphs 1 and 2 shall be retained for a period of 5 years commencing on the date of the termination of the business relationship or on the date of the carrying out of the occasional transaction
Avoid anonymous instruments and bearer shares	Other	-
Description: Do not issue bearer shares or non-intermediated bearer share warrants; convert, immobilise or deposit existing bearer shares by 10 July 2029 unless the listed-company exception applies. Frequency: Continuous Check frequency: Event-triggered Products/Services: Company shares and bearer share warrants. Checking responsibility: Company management and competent authorities under national implementation. Check method: Share-register, securities-form and conversion or deposit records. Rule set: - Source reference: Article 79(3) Source excerpt: Companies shall be prohibited from issuing bearer shares, and shall convert all existing bearer shares into registered shares
Observe the large-cash payment limit	Other	-
Description: Companies trading goods or providing services may accept or make cash payments only up to EUR 10,000, or a lower applicable national limit, including linked transactions. Frequency: Event-triggered Check frequency: Continuous Products/Services: Payments for goods or services made or received in cash. Checking responsibility: Company payment, finance and compliance functions; national authorities enforce the limit. Check method: Payment controls and transaction aggregation for linked operations. Rule set: - Source reference: Article 80(1) Source excerpt: Persons trading in goods or providing services may accept or make a payment in cash only up to an amount of EUR 10000 or the equivalent in national or foreign currency, whether the transaction is carried out in a single operation or in several operations which appear to be linked.

Measures

	Title	Due date
	Convert or immobilise bearer shares	2029-07-10
	Description: Convert existing bearer shares into registered shares, immobilise them or deposit them with a financial institution by 10 July 2029, unless the statutory exception applies. Obligations: Avoid anonymous instruments and bearer shares Source reference: Article 79(3) Source excerpt: shall convert all existing bearer shares into registered shares, shall immobilise them within the meaning of Article 2(1), point (3), of Regulation (EU) No 909/2014, or deposit them with a financial institution by 10 July 2029.
	Approve and publish internal AML/CFT policies	-
	Description: Create written policies covering risk assessment, customer due diligence, reporting, record retention, training and remedial actions; obtain management and compliance approvals and communicate them internally. Obligations: Maintain internal AML/CFT policies and controls Source reference: Article 9(2) Source excerpt: The internal policies, procedures and controls set out in the first subparagraph shall be recorded in writing. Internal policies shall be approved by the management body in its management function.
	Establish a compliance officer function	-
	Description: Appoint a sufficiently senior compliance officer, provide adequate resources and establish direct independent reporting to the management body. Obligations: Appoint and resource compliance functions Source reference: Article 11(2)-(5) Source excerpt: Obliged entities shall have a compliance officer, to be appointed by the management body in its management function and with sufficiently high hierarchical standing
	Run customer and beneficial-owner screening	-
	Description: Collect identity and ownership information, verify it using reliable sources or electronic identification, screen sanctions and PEP status, and monitor transactions. Obligations: Apply customer due diligence Source reference: Article 20(1) Source excerpt: identifying the customer and verifying the customer’s identity; identifying the beneficial owners and taking reasonable measures to verify their identity
	Submit a suspicious-transaction report	-
	Description: Submit a report to the FIU promptly when a transaction or activity is known, suspected or reasonably suspected to involve criminal proceeds or terrorist financing. Obligations: Report suspicious activity to the FIU Source reference: Article 69(1) Source excerpt: reporting to the FIU, on their own initiative, where the obliged entity knows, suspects or has reasonable grounds to suspect that funds or activities, regardless of the amount involved, are the proceeds of criminal activity or are related to terrorist financing
	File beneficial-ownership register updates	-
	Description: Report creation and changes to beneficial ownership without undue delay and within 28 calendar days, and perform at least annual verification. Obligations: Maintain and report beneficial-ownership information Source reference: Article 63(2) Source excerpt: Any change to that information shall be reported to the central register without undue delay and, in any case, within 28 calendar days thereof.

Penalties

Description	Kind	Rule set
Member States must provide effective, proportionate and dissuasive penalties for breaches of the Regulation, with the specific penalty types and liable persons determined under national law.	Other	-
Responsible authority: Competent national authorities designated by Member States. Source reference: Article 68(1) Source excerpt: Member States shall lay down rules on the penalties applicable to breaches of the provisions of this Chapter and shall take all measures necessary to ensure that they are implemented. The penalties provided for shall be effective, proportionate and dissuasive.
Professional persons suspected of breaching the EUR 10,000 cash-payment limit, or a lower national limit, are subject to appropriate measures including penalties; the level must be proportionate to the seriousness of the infringement and discourage repetition.	Monetary Fine	-
Responsible authority: Member State authorities under national law. Source reference: Article 80(5)-(6) Source excerpt: Member States shall ensure that appropriate measures, including the imposition of penalties, are taken against natural or legal persons acting in their professional capacity which are suspected of a breach of the limit set out in paragraph 1
Existing bearer shares that are not converted, immobilised or deposited by 10 July 2030 are automatically cancelled and the corresponding share capital is reduced; voting and distribution rights are suspended from the earlier compliance deadline until conversion, immobilisation or deposit.	Other Prohibitions and Exclusions	-
Responsible authority: Automatic statutory consequence; implementation by the company and relevant national authorities. Source reference: Article 79(3) Source excerpt: For existing bearer shares that are not converted, immobilised or deposited by 10 July 2029, all voting rights and rights to distribution attached to those shares shall be automatically suspended until their conversion, immobilisation or deposit. All such shares not converted, immobilised or deposited by 10 July 2030 shall be cancelled, leading to a share capital decrease of the corresponding amount.

Milestones

Date	Type	Description
2025-01-10	Other	Member States notify the Commission of national penalty rules and their legal basis.
Source reference: Article 68(1) Source excerpt: Member States shall by 10 January 2025 notify the Commission of those rules on penalties together with their legal basis and shall notify it, without delay, of any subsequent amendment affecting them.
2026-07-10	Other	AMLA deadlines for issuing or developing several regulatory guidelines and technical standards.
Source reference: Articles 9(4), 10(4), 19(9), 20(3), 26(5), 28(1), 69(3) and 81(1) Source excerpt: By 10 July 2026, AMLA shall issue guidelines on the elements that obliged entities should take into account, based on the nature of their business, including its risks and complexity, and their size, when deciding on the extent of their internal policies, procedures and controls, in particular as regards the staff allocated to the compliance functions.
2027-07-10	Other	AMLA deadlines for issuing further guidelines, including on outsourcing, suspicious-activity indicators, external risks and information reliance.
Source reference: Articles 18(8), 21(4), 32(1), 35(1), 37(3), 40(2), 42(2), 50 and 69(5) Source excerpt: By 10 July 2027, AMLA shall issue guidelines addressed to obliged entities on:
2027-07-10	Application Start	The Regulation generally begins to apply.
Source reference: Article 90 Source excerpt: It shall apply from 10 July 2027, except in relation to obliged entities referred to in Article 3, points (3)(n) and (o), to which it shall apply from 10 July 2029.
2027-10-10	Other	Member States notify lists of exemptions and legal-entity types to the Commission.
Source reference: Articles 7(4), 56(1), 57(3) and 58(4) Source excerpt: By 10 October 2027, Member States shall notify to the Commission the exemptions granted pursuant to Article 2(2) and (3) of Directive (EU) 2015/849 in place on 10 July 2027.
2028-01-10	Other	Existing qualifying foreign legal entities and legal arrangements holding Union real estate must submit beneficial-ownership information by this date.
Source reference: Article 67(7) Source excerpt: the beneficial ownership information of those legal entities and legal arrangements shall be submitted to the central register and accompanied by a justification for that submission by 10 January 2028.
2029-07-10	Other	Special application date for football agents and professional football clubs.
Source reference: Article 90 Source excerpt: except in relation to obliged entities referred to in Article 3, points (3)(n) and (o), to which it shall apply from 10 July 2029.
2029-07-10	Other	Companies must convert, immobilise or deposit existing bearer shares unless an exception applies.
Source reference: Article 79(3) Source excerpt: shall convert all existing bearer shares into registered shares, shall immobilise them within the meaning of Article 2(1), point (3), of Regulation (EU) No 909/2014, or deposit them with a financial institution by 10 July 2029.
2030-07-10	Other	Non-compliant bearer shares are cancelled and the corresponding share capital is reduced.
Source reference: Article 79(3) Source excerpt: All such shares not converted, immobilised or deposited by 10 July 2030 shall be cancelled, leading to a share capital decrease of the corresponding amount.
2030-07-10	Other	The Commission reports on possible adjustments to beneficial-ownership thresholds, high-value goods, reporting and cash-payment limits.
Source reference: Article 88 Source excerpt: By 10 July 2030, the Commission shall submit reports to the European Parliament and to the Council assessing the necessity and proportionality of:
2032-07-10	Other	The Commission conducts the first review of the application of the Regulation.
Source reference: Article 87 Source excerpt: By 10 July 2032, and every 3 years thereafter, the Commission shall review the application of this Regulation and submit a report to the European Parliament and to the Council.

Linked regulations

	Type	Regulation
	Cites	Regulation (EU) No 575/2013
	Source reference: Recital (44) Source excerpt: entities permanently affiliated to a central body in Article 10 of Regulation (EU) No 575/2013 of the European Parliament and of the Council, or financial institutions which are members of the same institutional protection scheme referred to in Article 113(7) of that Regulation.
	Cites	Regulation (EU) No 910/2014
	Source reference: Article 22(6) Source excerpt: the use of electronic identification means which meet the requirements of Regulation (EU) No 910/2014 with regard to the assurance levels ‘substantial’ or ‘high’ and relevant qualified trust services as set out in that Regulation.
	Cites	Directive 2014/92/EU
	Source reference: Recital (75) Source excerpt: in particular those laid down in Directive 2014/92/EU of the European Parliament and of the Council or Directive (EU) 2015/2366
	Cites	Directive 2013/34/EU
	Source reference: Article 2(1), point (34)(a)(vii) Source excerpt: enterprises controlled under any of the relationships listed in Article 22 of Directive 2013/34/EU
	Cites	Directive (EU) 2016/2341
	Source reference: Article 59(2), point (a) Source excerpt: pension schemes within the scope of Directive (EU) 2016/2341
	Cites	Directive 2004/109/EC
	Source reference: Recital (127) Source excerpt: Directive 2004/109/EC of the European Parliament and of the Council introduced strict transparency requirements for companies whose securities are admitted to trading on a regulated market.
	Cites	Regulation (EU) 2016/679
	Source reference: Article 76(1) Source excerpt: Obliged entities may process special categories of personal data referred to in Article 9(1) of Regulation (EU) 2016/679 and personal data relating to criminal convictions and offences referred to in Article 10 of that Regulation
	Cites	Regulation (EU) No 182/2011
	Source reference: Article 86(1) Source excerpt: That committee shall be a committee within the meaning of Regulation (EU) No 182/2011.
	Supersedes	Directive (EU) 2015/849
	Source reference: Article 89 Source excerpt: References to Directive (EU) 2015/849 shall be construed as references to this Regulation and to Directive (EU) 2024/1640 and read in accordance with the correlation table set out in Annex VI to this Regulation.
	Cites	Directive (EU) 2018/843
	Source reference: Recital (1) Source excerpt: That Directive sets out a comprehensive legal framework, which Directive (EU) 2018/843 of the European Parliament and the Council further strengthened by addressing emerging money laundering and terrorist financing risks and increasing transparency of beneficial ownership.
	Related	Directive (EU) 2024/1640
	Source reference: Recital (3) Source excerpt: Together, this Regulation, Directive (EU) 2024/1640 of the European Parliament and of the Council and Regulations (EU) 2023/1113 and (EU) 2024/1620 of the European Parliament and of the Council will form the legal framework governing the AML/CFT requirements to be met by obliged entities and underpinning the Union’s AML/CFT institutional framework, including the establishment of an Authority for anti-money laundering and countering the financing of terrorism (AMLA).
	Implements	Regulation (EU) 2023/1113
	Source reference: Article 9(1) Source excerpt: Obliged entities shall have in place internal policies, procedures and controls in order to ensure compliance with this Regulation, Regulation (EU) 2023/1113 and any administrative act issued by any supervisor
	Related	Regulation (EU) 2024/1620
	Source reference: Recital (3) Source excerpt: Together, this Regulation, Directive (EU) 2024/1640 of the European Parliament and of the Council and Regulations (EU) 2023/1113 and (EU) 2024/1620 of the European Parliament and of the Council will form the legal framework governing the AML/CFT requirements to be met by obliged entities and underpinning the Union’s AML/CFT institutional framework, including the establishment of an Authority for anti-money laundering and countering the financing of terrorism (AMLA).
	Cites	Directive (EU) 2018/1673
	Source reference: Article 2(1), point (1) Source excerpt: ‘money laundering’ means the conduct set out in Article 3, paragraphs 1 and 5, of Directive (EU) 2018/1673 including aiding and abetting, inciting and attempting to commit that conduct
	Cites	Directive (EU) 2017/1371
	Source reference: Article 2(1), point (3) Source excerpt: ‘criminal activity’ means criminal activity as defined in Article 2, point (1), of Directive (EU) 2018/1673, as well as fraud affecting the Union’s financial interests as defined in Article 3(2) of Directive (EU) 2017/1371, passive and active corruption as defined in Article 4 (2) and misappropriation as defined in Article 4(3), second subparagraph, of that Directive
	Cites	Directive (EU) 2017/541
	Source reference: Article 2(1), point (2) Source excerpt: ‘terrorist financing’ means the conduct set out in Article 11 of Directive (EU) 2017/541 including aiding and abetting, inciting and attempting to commit that conduct
	Cites	Directive (EU) 2016/97
	Source reference: Recital (9) Source excerpt: The definition of an insurance intermediary under Directive (EU) 2016/97 of the European Parliament and of the Council covers a broad range of natural or legal persons that take up or pursue the activity of insurance distribution.
	Cites	Directive (EU) 2015/2366
	Source reference: Article 2(1), point (6)(h) Source excerpt: a credit intermediary as defined in Article 4, point (5), of Directive 2014/17/EU and in Article 3, point (f), of Directive 2008/48/EC, when holding the funds as defined in Article 4, point (25), of Directive (EU) 2015/2366 in connection with the credit agreement
	Cites	Regulation (EU) 2023/1114
	Source reference: Article 2(1), point (7) Source excerpt: ‘crypto-asset’ means a crypto-asset as defined in Article 3(1), point (5), of Regulation (EU) 2023/1114 except when falling under the categories listed in Article 2(4) of that Regulation
	Cites	Regulation (EU) 2020/1503
	Source reference: Article 2(1), point (15) Source excerpt: ‘crowdfunding service provider’ means a crowdfunding service provider as defined in Article 2(1), point (e), of Regulation (EU) 2020/1503
	Cites	Directive 2009/65/EC
	Source reference: Recital (23) Source excerpt: it is necessary to align the relevant terminology with the current Union investment fund legislation, namely Directives 2009/65/EC and 2011/61/EU of the European Parliament and of the Council.
	Cites	Directive 2011/61/EU
	Source reference: Recital (23) Source excerpt: it is necessary to align the relevant terminology with the current Union investment fund legislation, namely Directives 2009/65/EC and 2011/61/EU of the European Parliament and of the Council.
	Cites	Directive 2013/36/EU
	Source reference: Article 2(1), point (6)(a) Source excerpt: an undertaking other than a credit institution or an investment firm, which carries out one or more of the activities listed in points (2) to (12), (14) and (15) of Annex I to Directive 2013/36/EU of the European Parliament and of the Council
	Cites	Directive 2009/138/EC
	Source reference: Article 2(1), point (6)(b) Source excerpt: an insurance undertaking as defined in Article 13, point (1), of Directive 2009/138/EC of the European Parliament and of the Council
	Cites	Directive 2014/65/EU
	Source reference: Article 2(1), point (6)(d) Source excerpt: an investment firm as defined in Article 4(1), point (1), of Directive 2014/65/EU of the European Parliament and of the Council
	Cites	Regulation (EU) No 909/2014
	Source reference: Article 79(3) Source excerpt: shall immobilise them within the meaning of Article 2(1), point (3), of Regulation (EU) No 909/2014
	Cites	Directive 2014/17/EU
	Source reference: Article 2(1), point (6)(g) Source excerpt: a creditor as defined in Article 4, point (2), of Directive 2014/17/EU of the European Parliament and of the Council
	Cites	Directive 2008/48/EC
	Source reference: Article 2(1), point (6)(g) Source excerpt: and in Article 3, point (b), of Directive 2008/48/EC of the European Parliament and of the Council
	Cites	Directive 2009/110/EC
	Source reference: Article 2(1), point (17) Source excerpt: ‘electronic money’ means electronic money as defined in Article 2, point (2), of Directive 2009/110/EC of the European Parliament and of the Council
	Cites	Regulation (EU) 2018/1672
	Source reference: Article 2(1), point (43) Source excerpt: ‘cash’ means cash as defined in Article 2(1), point (a), of Regulation (EU) 2018/1672 of the European Parliament and of the Council
	Cites	Council Regulation (EC) No 116/2009
	Source reference: Article 2(1), point (56) Source excerpt: ‘cultural goods’ means goods listed in Annex I to Council Regulation (EC) No 116/2009
	Implements	Whistleblower Protection Directive
	Source reference: Article 14(1) Source excerpt: Directive (EU) 2019/1937 of the European Parliament and of the Council shall apply to the reporting of breaches of this Regulation, Regulation (EU) 2023/1113 and any administrative act issued by any supervisor, and to the protection of persons reporting such breaches.
	Cites	Council Directive 2011/16/EU
	Source reference: Article 26(3), point (b) Source excerpt: they have a legal obligation in the course of the relevant calendar year to contact the customer for the purpose of reviewing any relevant information relating to the beneficial owners or to comply with Council Directive 2011/16/EU
	Cites	Directive 2014/24/EU
	Source reference: Article 65(b) Source excerpt: bodies governed by public law as defined in Article 2(1), point (4), of Directive 2014/24/EU of the European Parliament and of the Council
	Cites	Directive (EU) 2016/680
	Source reference: Article 75(4), point (j) Source excerpt: in accordance with national law transposing Directive (EU) 2016/680 of the European Parliament and of the Council
	Cites	Regulation (EU) 2024/xxx
	Source reference: Article 76(5) Source excerpt: processes involving AI systems as defined in Article 3, point (1), of Regulation (EU) 2024/xxx of the European Parliament and of the Council
	Cites	Regulation (EU) 2015/751
	Source reference: Article 79(2) Source excerpt: Credit institutions and financial institutions acting as acquirers within the meaning of Article 2, point (1), of Regulation (EU) 2015/751 of the European Parliament and of the Council
	Cites	Council Decision 98/415/EC
	Source reference: Article 80(2) Source excerpt: Member States may adopt lower limits following consultation of the European Central Bank in accordance with Article 2(1) of Council Decision 98/415/EC
	Cites	Regulation (EU) 2017/1939
	Source reference: Article 81(1) Source excerpt: Pursuant to Article 24 of Regulation (EU) 2017/1939, each FIU shall without undue delay report to the EPPO
	Cites	Regulation (EU, Euratom) No 883/2013
	Source reference: Article 83(1) Source excerpt: Pursuant to Article 8(3) of Regulation (EU, Euratom) No 883/2013 of the European Parliament and of the Council
	Cites	Council Decision 2010/413/CFSP
	Source reference: Recital (33) Source excerpt: those existing obligations, as implemented at Union level by Council Decisions 2010/413/CFSP and (CFSP) 2016/849
	Cites	Council Decision (CFSP) 2016/849
	Source reference: Recital (33) Source excerpt: those existing obligations, as implemented at Union level by Council Decisions 2010/413/CFSP and (CFSP) 2016/849
	Cites	Council Regulation (EU) No 267/2012
	Source reference: Recital (33) Source excerpt: as well as by Council Regulations (EU) No 267/2012 and (EU) 2017/1509
	Cites	Council Regulation (EU) 2017/1509
	Source reference: Recital (33) Source excerpt: as well as by Council Regulations (EU) No 267/2012 and (EU) 2017/1509

Anti-Money Laundering Regulation In force Unlisted