On 20 July 2021, European Commission published the Proposal for a Regulation of the European Parliament and of the Council establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism and amending Regulations (EU) No 1093/2010, (EU) 1094/2010, (EU) 1095/2010 (Text with EEA relevance) (COM(2021) 421 final / 2021/0240 (COD)) to amend the 1094/2010/EU.
The condensed text below shows the proposed amendments from theĀ COM(2021) 421 final / 2021/0240 (COD) for affected provisions only.
Article 1 Establishment and scope of action
1. This Regulation establishes a European Supervisory Authority (European Insurance and Occupational Pensions Authority) (hereinafter the Authority').
2. The Authority shall act within the powers conferred by this Regulation and within the scope of Directive 2009/138/EC with the exception of Title IV thereof, of Directive 2002/87/EC, Directi
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