Article 52 Non-approbation ou modification du projet de norme technique de réglementation

Summary What does Article 52 of the Anti-money laundering authority regulation (AMLAR) say?

This short article deals with the transparency and accountability mechanism that applies when the Commission decides not to endorse, or to amend, a draft regulatory technical standard submitted by the Authority.

It is a direct follow-on to Article 49, which sets out the main process for developing and adopting regulatory technical standards.

Article 52 essentially provides a checks-and-balances step, ensuring that the Commission cannot silently reject or alter the Authority's work without explanation, and giving the European Parliament and Council an opportunity to scrutinise those differences.

Important points:

The Commission is required to formally notify the Authority, the European Parliament, and the Council of its reasons when it does not endorse or amends a draft regulatory technical standard.
The European Parliament or the Council may convene an ad hoc meeting within one month of that notice to hear from the responsible Commissioner and the Chair of the Authority.
This article applies specifically when the process under Article 49 results in a disagreement between the Commission and the Authority over a draft regulatory technical standard.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

1. Si la Commission n’approuve pas le projet de norme technique de réglementation ou le modifie conformément à l’article 49, elle en informe l’Autorité, le Parlement européen et le Conseil, en indiquant ses motifs.
1. Le cas échéant, le Parlement européen ou le Conseil peuvent inviter le commissaire compétent, ainsi que le président de l’Autorité, dans un délai d’un mois à compter de la communication visée au paragraphe 1, à assister à une réunion ad hoc de la commission compétente du Parlement européen ou du Conseil afin de présenter et d’expliquer leurs différences de points de vue.

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