Source: OJ L, 2024/1620, 19.6.2024Current language: SV
- Anti-money laundering
Basic legislative acts
- Anti-money laundering authority regulation (AMLAR)
Artikel 50 Utövande av delegeringen
Summary What does Article 50 of the Anti-money laundering authority regulation (AMLAR) say?
This short article governs the delegation of power to the Commission to adopt the regulatory technical standards described in Article 49.
It sets the initial duration of that delegation at four years from 26 June 2024, establishes that the delegation automatically renews for identical periods, and requires the Commission to report on the exercise of that power before each period expires.
It also imposes a notification requirement on the Commission and confirms that the delegation operates within the boundaries set by Articles 49, 51 and 52.
Important points:
- The Commission is granted the power to adopt regulatory technical standards for an initial four-year period from 26 June 2024, automatically extended for equal periods thereafter.
- The Commission is required to draw up a report on the delegated power no later than six months before the end of each four-year period.
- The Commission shall notify the European Parliament and the Council simultaneously as soon as a regulatory technical standard is adopted.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
Den befogenhet att anta tekniska standarder för tillsyn som avses i artikel 49 ska ges till kommissionen för en period på fyra år från och med den 26 juni 2024. Kommissionen ska utarbeta en rapport om delegeringen av befogenhet senast sex månader före utgången av perioden på fyra år. Delegeringen av befogenheter ska automatiskt förlängas med perioder av samma längd.
När kommissionen antar en teknisk standard för tillsyn ska den samtidigt underrätta Europaparlamentet och rådet om denna.
Befogenheten att anta tekniska standarder för tillsyn ges till kommissionen med förbehåll för de villkor som anges i artiklarna 49, 51 och 52.
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.