Art. 93 Partnerships for information sharing in the field of AML/CFT | Anti-money laundering authority regulation (AMLAR) | AML

This article grants the Authority the power to either create or join cross-border information sharing partnerships aimed at combating money laundering and terrorist financing.

It connects directly to the Authority's broader operational tasks set out in Chapter II, and the partnerships themselves must comply with the requirements of Regulation (EU) 2024/1624.

The article sets out the conditions under which the Authority can engage with these partnerships, including the governance rules that apply when it establishes one itself, such as who can be invited to participate.

Important points:

The Authority may set up cross-border information sharing partnerships or join existing ones, but joining an existing partnership requires the agreement of the authorities that established it.
Where the Authority establishes a partnership, it must ensure compliance with Article 75(3), (4) and (5) of Regulation (EU) 2024/1624, and may invite competent authorities and relevant Union bodies to participate.
Other third parties may only be invited to participate in partnership meetings upon the unanimous consent of all participating members.

1. Where relevant for the fulfilment of the tasks referred to in Chapter II, the Authority may set up cross-border partnerships for information sharing, in accordance with fundamental rights and judicial procedural safeguards, or participate in partnerships for information sharing established in one or across several Member States with the objective of supporting the prevention and combating of money laundering, its predicate offences and terrorist financing. Participation of the Authority in an already existing partnership shall be subject to the agreement of the authorities that have established such a partnership.
1. Where the Authority sets up a cross-border partnership for information sharing, it shall ensure that the partnership complies with the requirements of Article 75(3), (4) and (5) of Regulation (EU) 2024/1624. In addition to obliged entities, the Authority may invite the competent authorities referred to in Article 2(1), point (44), points (a), (b) and (c), of that Regulation, as well as Union bodies, offices and agencies which have a role in the prevention and combating of money laundering, its predicate offences and terrorist financing, to take part in the partnership, where such participation is relevant for the fulfilment of their tasks and powers. Upon the unanimous consent of the participating members, other third parties may be invited to participate, on an occasional basis, in meetings of the partnership, where relevant.