Source: OJ L, 2024/1640, 19.6.2024Current language: EN
- Anti-money laundering
Basic legislative acts
- Sixth anti-money laundering (AML 6) directive
Article 77 Repeal
Summary What does Article 77 of the Sixth anti-money laundering (AML 6) directive say?
This is a brief but consequential article that formally repeals the predecessor legislation, Directive (EU) 2015/849 (the previous Anti-Money Laundering Directive), with effect from 10 July 2027.
It also provides a continuity mechanism, ensuring that any existing references to the repealed Directive are automatically redirected to this new Directive and to Regulation (EU) 2024/1624, guided by a correlation table in the Annex.
This article works in direct conjunction with Article 78, which sets out the transposition deadline of 10 July 2027, meaning the repeal takes effect precisely when Member States are required to have the new framework in place.
Important points:
- Directive (EU) 2015/849 is repealed with effect from 10 July 2027.
- References to the repealed Directive are to be read as references to this Directive and Regulation (EU) 2024/1624, using the correlation table in the Annex.
- The repeal date aligns with the transposition deadline set out in Article 78, ensuring no legal gap between the old and new frameworks.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
Directive (EU) 2015/849 is repealed with effect from 10 July 2027.
References to the repealed Directive shall be construed as references to this Directive and to Regulation (EU) 2024/1624 and shall be read in accordance with the correlation table in the Annex to this Directive.
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.