1. The processing of personal data on the basis of this Regulation for the purposes of ML/TF prevention as referred to in Article 70 of Directive (EU) …/…[OJ: Please insert the number of the Directive contained in document PE-CONS 37/24 (2021/0250(COD)).] and Article 76 of Regulation (EU) …/…[OJ: Please insert the number of the Regulation contained in document PE-CONS 36/24 (2021/0239(COD)).] shall be considered necessary for the performance of a task carried out in the public interest or in the exercise of official authority vested in the Authority under Article 5 of Regulation (EU) 2018/1725 and Article 6 of Regulation (EU) 2016/679.
When drafting guidelines and recommendations in accordance with Article 54, having a significant impact on the protection of personal data, the Authority shall closely cooperate with the European Data Protection Board established by Regulation (EU) 2016/679 to avoid duplication, inconsistencies and legal uncertainty in the sphere of data protecti
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