Source: OJ L, 2024/1640, 19.6.2024Current language: EN
- Anti-money laundering
Basic legislative acts
- Sixth anti-money laundering (AML 6) directive
Article 73 Transitional management of FIU.net
Summary What does Article 73 of the Sixth anti-money laundering (AML 6) directive say?
This is a brief transitional article dealing with the handover of FIU.net management from the Commission to AMLA.
It sets a firm deadline for that transfer and establishes what the Commission must do in the interim to keep FIU.net operational and ensure continued information exchange between Member States' Financial Intelligence Units.
Important points:
- The Commission is required to transfer management of FIU.net to AMLA by 10 July 2027.
- Until that transfer is complete, the Commission retains responsibility for supporting the operation of FIU.net and facilitating information exchange between FIUs.
- The Commission must regularly convene meetings of the EU FIU's Platform, made up of representatives from Member States' FIUs, to oversee FIU.net during the transitional period.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
By 10 July 2027, the Commission shall transfer to AMLA the management of FIU.net.
Until such transfer is completed, the Commission shall provide the necessary assistance for the operation of FIU.net and the exchange of information between FIUs within the Union. To this end, the Commission shall regularly convene meetings of the EU FIU’s Platform composed of representatives from Member States’ FIUs in order to oversee the functioning of FIU.net.
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.