Source: AMLA consultation paper draft
- Anti-money laundering
AML 6 directive supplemental acts
- RTS on pecuniary sanctions and administrative measures
Article 7 Statement of findings and right to be heard
This is a draft act
This text has been parsed from the AMLA consultation paper draft as published on 9 February 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.
Before making a decision to impose a periodic penalty payment pursuant to Article 57 of Directive (EU) 2024/1640, supervisorsmeans the body entrusted with responsibilities aimed at ensuring compliance by obliged entities with the requirements of this Regulation, including AMLA when performing the tasks entrusted to it in Article 5(2) of Regulation (EU) 2024/1620; shall submit a statement of findings to the natural person or legal person concerned, setting out the reasons for justifying the imposition of the proposed periodic penalty payment and the amount to be used for its calculation.
The statement of findings shall set a time limit of up to four weeks within which the natural person or legal person concerned may make written submissions.
The supervisormeans the body entrusted with responsibilities aimed at ensuring compliance by obliged entities with the requirements of this Regulation, including AMLA when performing the tasks entrusted to it in Article 5(2) of Regulation (EU) 2024/1620; shall not be obliged to take into account written submissions received after the expiry of that time limit for deciding on the periodic penalty payment.
The right to be heard of the natural person or legal persons concerned shall be fully respected in compliance with the administrative process specified in Article 6(1).
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