Article 59 Exchange of information on pecuniary sanctions and administrative measures

This article is a short but important transparency and coordination provision that directly supports the sanctions framework established in the preceding articles of this section.

It creates a dual reporting and publication mechanism: supervisors must report sanctions and administrative measures upward to AMLA, and AMLA in turn serves as a central hub by maintaining public links to each supervisor's own publications.

Where a sanctioned entity operates across multiple Member States, the relevant information must also flow laterally between supervisors.

Important points:

• Supervisors are required to inform AMLA of all pecuniary sanctions and administrative measures imposed, including any appeals and their outcomes.
• Where a sanction or measure concerns an entity operating in two or more Member States, that information must also be shared with the other supervisors involved.
• AMLA is required to maintain a publicly accessible webpage linking to each supervisor's sanctions publications, along with the applicable publication period per Member State.