Source: OJ L, 2024/1620, 19.6.2024Current language: DE
- Anti-money laundering
Basic legislative acts
- Anti-money laundering authority regulation (AMLAR)
Artikel 50 Ausübung der Befugnisübertragung
Summary What does Article 50 of the Anti-money laundering authority regulation (AMLAR) say?
This short article governs the delegation of power to the Commission to adopt the regulatory technical standards described in Article 49.
It sets the initial duration of that delegation at four years from 26 June 2024, establishes that the delegation automatically renews for identical periods, and requires the Commission to report on the exercise of that power before each period expires.
It also imposes a notification requirement on the Commission and confirms that the delegation operates within the boundaries set by Articles 49, 51 and 52.
Important points:
- The Commission is granted the power to adopt regulatory technical standards for an initial four-year period from 26 June 2024, automatically extended for equal periods thereafter.
- The Commission is required to draw up a report on the delegated power no later than six months before the end of each four-year period.
- The Commission shall notify the European Parliament and the Council simultaneously as soon as a regulatory technical standard is adopted.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
Die Befugnis zum Erlass der in Artikel 49 genannten technischen Regulierungsstandards wird der Kommission für einen Zeitraum von vier Jahren ab dem 26. Juni 2024 übertragen. Die Kommission legt spätestens sechs Monate vor Ablauf des Zeitraums von vier Jahren einen Bericht über die übertragenen Befugnisse vor. Die Befugnisübertragung verlängert sich automatisch um Zeiträume gleicher Länge.
Sobald die Kommission einen technischen Regulierungsstandard erlässt, übermittelt sie ihn gleichzeitig dem Europäischen Parlament und dem Rat.
Die der Kommission übertragene Befugnis zum Erlass technischer Regulierungsstandards unterliegt den in den Artikeln 49, 51 und 52 genannten Bedingungen.
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.