Source: AMLA final report draft
- Anti-money laundering
AML 6 directive supplemental acts
- RTS on pecuniary sanctions and administrative measures
Article 7 Statement of findings and right to be heard
This is a draft act
This text has been parsed from the AMLA final report draft as published on 8 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 (9 February 2026)
Summary What does Article 7 of the RTS on pecuniary sanctions and administrative measures say?
This article governs the procedural steps that supervisors must follow before imposing a periodic penalty payment, as provided for under Article 57 of Directive (EU) 2024/1640.
It establishes a pre-decision process centred on fairness and transparency, requiring supervisors to first issue a formal statement of findings and giving the party concerned a window to respond before any decision is made.
The article is closely linked to Article 6, which governs the broader administrative process for periodic penalty payments, and explicitly requires that the right to be heard is respected in line with that framework.
Important points:
- Supervisors are required to submit a statement of findings to the natural or legal person concerned before imposing a periodic penalty payment, including the reasons and the proposed calculation amount.
- The natural or legal person concerned has up to four weeks to submit a written response, after which the supervisor is not obliged to consider any late submissions.
- The right to be heard must be fully respected throughout this process, in accordance with the administrative procedure set out in Article 6(1).
Springlex's summary of the article is a reading aid, not a substitute for the legal text.
Before making a decision to impose a periodic penalty payment pursuant to Article 57 of Directive (EU) 2024/1640, supervisors shall submit a statement of findings to the natural person or legal person concerned, setting out the reasons for justifying the imposition of the proposed periodic penalty payment and the amount to be used for its calculation.
The statement of findings shall set a time limit of up to four weeks within which the natural person or legal person concerned may make written submissions.
The supervisor shall not be obliged to take into account written submissions received after the expiry of that time limit for deciding on the periodic penalty payment.
The right to be heard of the natural person or legal persons concerned shall be fully respected in compliance with the administrative process specified in Article 6(1).
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