Article 69 Responsibilities of the Chair of the Authority

Summary What does Article 69 of the Anti-money laundering authority regulation (AMLAR) say?

This short article defines the core representational and organisational role of the Chair of the Authority.

It establishes the Chair as both the external face of the Authority and the internal driver of its governance, responsible for running the meetings and workstreams of both the General Board and the Executive Board.

It also connects directly to Article 63, which defines the composition of the Executive Board, as the Chair is given the power to assign specific areas of responsibility to the five full-time Executive Board members for the duration of their mandates.

Important points:

The Chair of the Authority represents the Authority and is responsible for preparing and chairing all meetings of both the General Board and the Executive Board.
The Chair sets the agenda and tables items for decision across both governing bodies.
The Chair assigns specific areas of responsibility to the full-time Executive Board members referred to in Article 63(1), point (b), for the duration of their mandates.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

1. The Chair of the Authority shall represent the Authority and shall be responsible for preparing the work of the General Board and the Executive Board, including setting the agenda, convening and chairing all the meetings and tabling items for decision.
1. The Chair of the Authority shall assign to the members of the Executive Board referred to in Article 63(1), point (b), specific areas of responsibility, within the scope of tasks of the Authority, for the duration of their mandate.

Table of contents

Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.