Source: AMLA final report draft
- Anti-money laundering
AMLAR supplemental acts
- ITS on cooperation for the purposes of direct supervision
Article 3 Channel of transmission of information
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 3 of the ITS on cooperation for the purposes of direct supervision say?
This article establishes the technical infrastructure underpinning the information exchanges required throughout the selection process and the transfer of supervisory tasks.
Building on the cooperation principles set out in Article 2, it mandates that all relevant information flows through a secure channel, and places the responsibility for setting up and managing that channel squarely with the Authority.
A notable requirement is that the channel must not only be secure but must also maintain full traceability of all data exchanges, including any revisions or retransmissions.
Important points:
- The Authority is required to set up the secure communication channel and provide financial supervisors with access to it, as well as notify them of its designation.
- All information submitted through the channel — including any subsequent modifications or retransmissions — must be fully traceable through versioning support.
- Ensure that all information relating to the selection process and transfer of supervisory tasks is submitted exclusively through this secure channel.
Springlex's summary of the article is a reading aid, not a substitute for the legal text.
Information required for the selection process, including the periodic assessment referred to in Article 12(1) of Regulation (EU) 2024/1620, and the transfer of supervisory tasks and powers shall be submitted to the Authority through a secured channel.
The Authority shall set up the secured channel referred to in paragraph 1 and provide access to it for the financial supervisors.
The Authority shall notify the financial supervisors of the communication channel designated for exchanging information necessary for the selection process.
The secure channel for the transmission of information referred to in paragraph 1 shall ensure that all data exchanges are recorded in a manner that enables full traceability. To this end, this secure channel shall support versioning of all transmitted and received information, including any subsequent modifications or retransmissions.
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.
Definition
supervisor