Source: AMLA consultation paper draft
- Anti-money laundering
AMLAR supplemental acts
- ITS on cooperation for the purposes of direct supervision
Article 11 Continuity of existing cooperation agreements
This is a draft act
This text has been parsed from the AMLA consultation paper draft as published on 16 December 2025. While we run a suite of validations, the automated parsing can result in errors. Also, before it is finally adopted by the Commission, its wording, numbering and references may change, and entire articles might be removed or added.
All existing cooperation agreements with other authorities entered into by a financial 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; prior to the change in competence, that cover at least in part tasks transferred to the Authority shall continue to apply to the extent that they do not conflict with the tasks assigned to the Authority by Regulation (EU) 2024/1620. The Authority may decide to participate in such existing cooperation agreements in accordance with the procedures applicable to those agreements, or may establish new cooperation agreements with third parties for the tasks transferred to it by Regulation (EU) 2024/1620. A financial 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; shall continue to apply existing cooperation agreements only to the extent they are not replaced by cooperation agreements concluded by the Authority. Where necessary for the execution of the existing cooperation agreements, the financial 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; shall assist the Authority, in particular in regards those agreements in coordination with the Authority.
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