Source: AMLA consultation paper draft
- Anti-money laundering
AMLR supplemental acts
- RTS on group-wide minimum requirements and additional measures for third-country subsidiaries and branches
Article 24 Notification to the supervisor in case the parent undertaking is not an obliged entity
This is a draft act
This text has been parsed from the AMLA consultation paper draft as published on 16 April 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.
Summary What does Article 24 of the RTS on group-wide minimum requirements and additional measures for third-country subsidiaries and branches say?
This article addresses a specific scenario that sits alongside Article 23: where the identified parent undertaking within a structure is not itself an obliged entity.
Because such an entity falls outside the direct scope of the regulation, the article places the notification duty on the obliged entities within the structure, acting under the parent undertaking's direction.
The article covers the triggering of that notification to supervisors, the content it must contain, and the ongoing obligation to report any subsequent changes to the information provided.
Important points:
- Where the identified parent undertaking in the Union is not an obliged entity, it must ensure that the obliged entities within its structure notify the relevant supervisors of its role within 28 calendar days of determination.
- The notification must include a summary overview of the structure, roles, responsibilities and activities of the parent undertaking and all obliged entities within the structure in the Union.
- Any changes to the notified information must also be reported to supervisors and the Authority within 28 calendar days, and failure to notify triggers measures under Directive (EU) 2024/1640.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
In case the identified parent undertaking in the Union is not an obliged entity, this entity shall ensure that the obliged entities of the structures inform the relevant supervisors of this role without undue delay and in any case no later than 28 calendar days after such determination, including the reasons thereof. In case the supervisor is a self-regulatory body, the self-regulatory body shall inform also the public authority overseeing it. If a parent undertaking fails to notify to the supervisor appropriate measures pursuant to Section 4 of Chapter IV of Directive (EU) 2024/1640 shall be taken.
The notification by the obliged entities of the structure shall include all the following information:
summary overview and explanations on the structure, roles, responsibilities and activities of the parent undertaking and all the obliged entities of the structure in the Union
any other information considered necessary for evaluating the adequacy of the identification of the parent undertaking.
In the event of a change to any of the information communicated pursuant to paragraphs 1 and 2, the parent undertaking shall ensure that the obliged entities of the structure inform the relevant supervisors and the Authority of such change without undue delay and in any case no later than 28 calendar days after such determination, including the reasons thereof. In case the supervisor is a self-regulatory body, the self-regulatory body shall inform also the public authority overseeing it.
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.
Definition
supervisor
Definition
parent undertaking
- for groups whose head office is located in the Union, an obliged entity that is a parent undertaking as defined in Article 2, point (9), of Directive 2013/34/EU that is not itself a subsidiary of another undertaking in the Union, provided that at least one subsidiary undertaking is an obliged entity;
- for groups whose head office is located outside of the Union, where at least two subsidiary undertakings are obliged entities established in the Union, an undertaking within that group established in the Union that:
- is an obliged entity;
- is an undertaking that is not a subsidiary of another undertaking that is an obliged entity established in the Union;
- has a sufficient prominence within the group and a sufficient understanding of the operations of the group that are subject to the requirements of this Regulation; and
- is given the responsibility of implementing group-wide requirements under Chapter II, Section 2 of this Regulation;
Definition
group
Definition
self-regulatory body
Definition
structure
- includes at least two obliged entities;
- is not a group with a parent undertaking within the meaning of Article 2(1), point (42) of Regulation (EU) 2024/1624; and
- has the objective of establishing a common framework of business, professional or commercial relationships connecting two or more obliged entities.