Recital 110

(110)Directive (EU) 2019/1937 of the European Parliament and of the Council ²² applies to the reporting of breaches of Directive (EU) 2015/849 relating to money laundering and terrorist financing and to the protection of persons reporting such breaches, as referred to in Part II of the Annex to Directive (EU) 2019/1937. Since this Directive repeals Directive (EU) 2015/849, the reference to Directive (EU) 2015/849 in Annex II to Directive (EU) 2019/1937 should be understood as a reference to this Directive. At the same time, it is necessary to maintain tailored rules on the reporting of breaches of AML/CFT requirements that complement Directive (EU) 2019/1937, in particular, as regards the requirements for obliged entities to establish internal reporting channels and the identification of authorities competent to receive and follow-up on reports relating to breaches of rules relating to the prevention and fight against money laundering and terrorist financing.