Article 59 Exchange of information on pecuniary sanctions and administrative measures

Member States shall ensure that their supervisorsmeans the body entrusted with responsibilities aimed at ensuring compliance by obliged entities with the requirements of this Regulation, including AMLA when performing the tasks entrusted to it in Article 5(2) of Regulation (EU) 2024/1620; and, where relevant, the public authority overseeing self-regulatory bodiesmeans a body that represents members of a profession and has a role in regulating them, in performing certain supervisory or monitoring functions and in ensuring the enforcement of the rules relating to them; in their performance of supervisory functions, inform AMLA of all pecuniary sanctions imposed and administrative measures applied in accordance with this Section, including of any appeal in relation thereto and the outcome thereof. Such information shall also be shared with other supervisorsmeans the body entrusted with responsibilities aimed at ensuring compliance by obliged entities with the requirements of this Regulation, including AMLA when performing the tasks entrusted to it in Article 5(2) of Regulation (EU) 2024/1620; when the pecuniary sanction or administrative measure concerns an entity operating in two or more Member States.

AMLA shall maintain on its website links to each supervisormeans the body entrusted with responsibilities aimed at ensuring compliance by obliged entities with the requirements of this Regulation, including AMLA when performing the tasks entrusted to it in Article 5(2) of Regulation (EU) 2024/1620;’s publication of pecuniary sanctions imposed and administrative measures applied in accordance with Article 58, and shall show the period for which each Member State publishes pecuniary sanctions and administrative measures.