Source: AMLA final report draft
- Anti-money laundering
AMLAR supplemental acts
- ITS on cooperation for the purposes of direct supervision
Article 14 Information sharing and equal access within the joint supervisory team
This is a draft act
This text has been parsed from the AMLA final report draft as published on 21 July 2026. 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.
Earlier drafts: AMLA consultation paper draft (16 December 2025)
Summary What does Article 14 of the ITS on cooperation for the purposes of direct supervision say?
This article establishes the internal operating principles for joint supervisory teams (JSTs), which are the collaborative structures set up between the Authority and financial supervisors to carry out supervision of selected obliged entities.
It focuses on two core principles: the obligation to share information in a timely manner, and the guarantee of equal access to participation for all JST members.
Where exceptions to these principles exist, they must be justified and documented.
Important points:
- All JST members are required to share relevant information in a timely manner to support effective and consistent supervisory performance.
- Equal access to meetings, discussions, and collaborative platforms must be ensured for all JST members.
- Any limitation on information access, disclosure, or participation must be duly justified and recorded.
Springlex's summary of the article is a reading aid, not a substitute for the legal text.
All members of the joint supervisory team shall share information they have acquired or are aware of, for the effective and consistent performance of supervisory tasks assigned to the joint supervisory team, in a timely manner. Equal access to participation in meetings, discussions and other collaborative platforms relating to the supervisory tasks shall be ensured for all joint supervisory team members.
Any limitation to access or disclosure of information and participation shall be duly justified and recorded.
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.