ITS on AMLA reporting to the EPPO

A sample reporting template is provided to promote consistency in the structure and content of the information transmitted to the EPPO. Reports of AMLA should follow the structure and content of the sample reporting template to ensure uniformity of reporting. To preserve the ability of AMLA to integrate the reporting requirements into its IT system and channels of communication, the ITS provides a sample reporting template defining the content and structure of AMLA reporting. AMLA must ensure that reports are disseminated in a machine-readable format, so that information can be processed automatically by the EPPO. For this reason, consistent application of the field names and instructions in the sample reporting template is essential.

Completing the structured fields of the reporting template to the furthest extent possible ensures that the advantages of machine-readable formats are fully realised. These benefits would be undermined if essential information were left out of the template and provided mainly through annexed reports. This should not, however, preclude AMLA from providing any supporting documents and materials in a non- machine-readable format.

Flexibility in the choice of communication channels facilitates operational arrangements, provided that the channels used safeguard the confidentiality and integrity of the information transmitted.

Clear rules on the indication of permissible further use of reported information strengthen trust between AMLA, FIUs participating in joint analyses, and the EPPO and ensure that sensitive data is handled in a manner consistent with and in accordance with applicable requirements of Union and national law.

To enable AMLA and the EPPO to adapt their IT systems to machine-readable reporting templates and to develop the processes required for their automated use, the application of the provisions requiring the transmission of machine-readable templates should apply from a later date.

Simplification is a core component of the mandate of the Authority. Introducing a common machine-readable format for reporting reduces the administrative burden on AMLA and the EPPO and enhances their cooperation.

This Regulation is based on the draft implementing technical standards submitted by AMLA to the Commission.

AMLA has consulted the EPPO and has conducted open public consultations through a public hearing on the draft implementing technical standards on which this Regulation is based and analysed the potential related costs and benefits. Given that this regulation concerns exclusively the communication between AMLA and the EPPO and imposes no direct obligations on private entities, a public consultation through a public hearing was proportionate.