Artikel 31 Anwendung von Sanktionen und Maßnahmen durch zuständige Behörden

This article governs how competent authorities must calibrate administrative sanctions and measures.

It is a short, cross-referential article that does not stand alone — it directly incorporates external standards from Directive (EU) 2015/849, specifically Articles 60(4) and 62, to guide both the determination of sanctions and the broader rules that apply to them.

In essence, it ensures that sanctioning decisions made under this Regulation are consistent with the wider AML/CFT framework already established by that Directive.

Important points:

• Competent authorities are required to take into account all relevant circumstances, as listed in Article 60(4) of Directive (EU) 2015/849, when deciding the type and level of administrative sanctions.
• Article 62 of Directive (EU) 2015/849 applies in full to any administrative sanctions and measures imposed under this Regulation.
• The article applies to competent authorities, which include Financial Intelligence Units, supervisory authorities, and public bodies with AML/CFT responsibilities.