Source: AMLA final report draft
- Anti-money laundering
AMLAR supplemental acts
- ITS on cooperation for the purposes of direct supervision
Article 12 Continuity of existing cooperation agreements
This is a draft act
This text has been parsed from the AMLA final report draft as published on 21 July 2026. While we run a suite of validations, the automated parsing can result in errors. Also, before it is finally adopted by the Commission, its wording, numbering and references may change, and entire articles might be removed or added.
Earlier drafts: AMLA consultation paper draft (16 December 2025)
All existing cooperation agreements with other authorities entered into by a financial supervisor prior to the change in competence, that cover at least in part tasks transferred to the Authority, shall continue to apply to the extent compatible with Regulation (EU) 2024/1620. The Authority may participate in existing cooperation agreements in accordance with their procedures or enter into new cooperation agreements with third parties for the tasks transferred to it by Regulation (EU) 2024/1620. A financial supervisor shall continue to apply existing cooperation agreements only insofar as they are not replaced by cooperation agreements concluded by the Authority. Where necessary for the execution of existing cooperation agreements, a financial supervisor shall assist the Authority.
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Definition
supervisor