Regulation (EU) 2024/1624 of the European Parliament and of the Council of 31 May 2024 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (Text with EEA relevance) (AML Regulation (AMLR))

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Version status: Applicable | Document consolidation status: No known changes

Published date: 19 June 2024

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	Recitals
	Chapter I General provisions (arts. 1-8)
	Section 1 Subject matter and definitions (arts. 1-2)
Entered into force	Article 1 Subject matter
Entered into force	Article 2 Definitions
	Section 2 Scope (arts. 3-7)
Entered into force	Article 3 Obliged entities
Entered into force	Article 4 Exemptions for certain providers of gambling services
Entered into force	Article 5 Exemptions for certain professional football clubs
Entered into force	Article 6 Exemptions for certain financial activities
Entered into force	Article 7 Prior notification of exemptions
	Section 3 Cross-border operations (art. 8)
Entered into force	Article 8 Notification of cross-border operations and application of national law
	Chapter II Internal policies, procedures and controls of obliged entities (arts. 9-18)
	Section 1 Internal policies, procedures and controls, risk assessment and staff (arts. 9-15)
Entered into force	Article 9 Scope of internal policies, procedures and controls
Entered into force	Article 10 Business-wide risk assessment
Entered into force	Article 11 Compliance functions
Entered into force	Article 12 Awareness of requirements
Entered into force	Article 13 Integrity of employees
Entered into force	Article 14 Reporting of breaches and protection of reporting persons
Entered into force	Article 15 Situation of specific employees
	Section 2 Provisions applying to groups (arts. 16-17)
Entered into force	Article 16 Group-wide requirements
Entered into force	Article 17 Branches and subsidiaries in third countries
	Section 3 Outsourcing (art. 18)
Entered into force	Article 18 Outsourcing
	Chapter III Customer Due Diligence (arts. 19-50)
	Section 1 General provisions (arts. 19-28)
Entered into force	Article 19 Application of customer due diligence measures
Entered into force	Article 20 Customer due diligence measures
Entered into force	Article 21 Inability to comply with the requirement to apply customer due diligence measures
Entered into force	Article 22 Identification and verification of the identity of customers and beneficial owners
Entered into force	Article 23 Timing of the verification of the customer and beneficial owner identity
Entered into force	Article 24 Reporting of discrepancies with information contained in beneficial ownership registers
Entered into force	Article 25 Identification of the purpose and intended nature of a business relationship or occasional transaction
Entered into force	Article 26 Ongoing monitoring of the business relationship and monitoring of transactions performed by customers
Entered into force	Article 27 Temporary measures for customers subject to UN financial sanctions
Entered into force	Article 28 Regulatory technical standards on the information necessary for the performance of customer due diligence
	Section 2 Third-country policy and money laundering and terrorist financing threats from outside the Union (arts. 29-32)
Entered into force	Article 29 Identification of third countries with significant strategic deficiencies in their national AML/CFT regimes
Entered into force	Article 30 Identification of third countries with compliance weaknesses in their national AML/CFT regimes
Entered into force	Article 31 Identification of third countries posing a specific and serious threat to the Union's financial system
Entered into force	Article 32 Guidelines on money laundering and terrorist financing risks, trends and methods
	Section 3 Simplified due diligence (art. 33)
Entered into force	Article 33 Simplified due diligence measures
	Section 4 Enhanced due diligence (arts. 34-46)
Entered into force	Article 34 Scope of application of enhanced due diligence measures
Entered into force	Article 35 Countermeasures to mitigate money laundering and terrorist financing threats from outside the Union
Entered into force	Article 36 Specific enhanced due diligence measures for cross-border correspondent relationships
Entered into force	Article 37 Specific enhanced due diligence measures for cross-border correspondent relationships for crypto-asset service providers
Entered into force	Article 38 Specific measures for individual third-country respondent institutions
Entered into force	Article 39 Prohibition of correspondent relationships with shell institutions
Entered into force	Article 40 Measures to mitigate risks in relation to transactions with a self-hosted address
Entered into force	Article 41 Specific provisions regarding applicants for residence by investment schemes
Entered into force	Article 42 Specific provisions regarding politically exposed persons
Entered into force	Article 43 List of prominent public functions
Entered into force	Article 44 Politically exposed persons who are beneficiaries of insurance policies
Entered into force	Article 45 Measures for persons who cease to be politically exposed persons
Entered into force	Article 46 Family members and persons known to be close associates of politically exposed persons
	Section 5 Specific customer due diligence provisions (art. 47)
Entered into force	Article 47 Specifications for the life and other investment-related insurance sector
	Section 6 Reliance on customer due diligence performed by other obliged entities (arts. 48-50)
Entered into force	Article 48 General provisions relating to reliance on other obliged entities
Entered into force	Article 49 Process of reliance on another obliged entity
Entered into force	Article 50 Guidelines on reliance on other obliged entities
	Chapter IV Beneficial ownership transparency (arts. 51-68)
Entered into force	Article 51 Identification of beneficial owners for legal entities
Entered into force	Article 52 Beneficial ownership through ownership interest
Entered into force	Article 53 Beneficial ownership through control
Entered into force	Article 54 Coexistence of ownership interest and control in the ownership structure
Entered into force	Article 55 Ownership structures involving legal arrangements or similar legal entities
Entered into force	Article 56 Notifications
Entered into force	Article 57 Identification of beneficial owners for legal entities similar to express trust
Entered into force	Article 58 Identification of beneficial owners for express trusts and similar legal arrangements
Entered into force	Article 59 Identification of a class of beneficiaries
Entered into force	Article 60 Identification of objects of a power and default takers in discretionary trusts
Entered into force	Article 61 Identification of beneficial owners of collective investment undertakings
Entered into force	Article 62 Beneficial ownership information
Entered into force	Article 63 Obligations of legal entities
Entered into force	Article 64 Trustee obligations
Entered into force	Article 65 Exceptions to obligations of legal entities and legal arrangements
Entered into force	Article 66 Nominee obligations
Entered into force	Article 67 Foreign legal entities and foreign legal arrangements
Entered into force	Article 68 Penalties
	Chapter V Reporting Obligations (arts. 69-74)
Entered into force	Article 69 Reporting of suspicions
Entered into force	Article 70 Specific provisions for reporting of suspicions by certain categories of obliged entities
Entered into force	Article 71 Refraining from carrying out transactions
Entered into force	Article 72 Disclosure to FIU
Entered into force	Article 73 Prohibition of disclosure
Entered into force	Article 74 Threshold-based reports of transactions in certain high-value goods
	Chapter VI Information sharing (art. 75)
Entered into force	Article 75 Exchange of information in the framework of partnerships for information sharing
	Chapter VII Data Protection and Record Retention (arts. 76-78)
Entered into force	Article 76 Processing of personal data
Entered into force	Article 77 Record retention
Entered into force	Article 78 Provision of records to competent authorities
	Chapter VIII Measures to mitigate Risks deriving from anonymous Instruments (arts. 79-80)
Entered into force	Article 79 Anonymous accounts and bearer shares and bearer share warrants
Entered into force	Article 80 Limits to large cash payments in exchange for goods or services
	Chapter IX final Provisions (arts. 81-90)
	Section 1 Cooperation between FIUs and the EPPO (arts. 81-82)
Entered into force	Article 81 Cooperation between FIUs and the EPPO
Entered into force	Article 82 Requests for information to the EPPO
	Section 2 Cooperation between FIUs and OLAF (arts. 83-84)
Entered into force	Article 83 Cooperation between FIUs and OLAF
Entered into force	Article 84 Requests for information to OLAF
	Section 3 Other provisions (arts. 85-90)
Entered into force	Article 85 Exercise of the delegation
Entered into force	Article 86 Committee procedure
Entered into force	Article 87 Review
Entered into force	Article 88 Reports
Entered into force	Article 89 Relation to Directive (EU) 2015/849
Entered into force	Article 90 Entry into force and application
Entered into force	Annex I Indicative list of risk variables
Entered into force	Annex II Lower risk factors
Entered into force	Annex III Higher risk factors
Entered into force	Annex IV
Entered into force	Annex V
Entered into force	Annex VI Correlation table
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