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Recital 85

Recital 85

(85)The Union has witnessed on occasions a lax approach to the supervision of the obliged entities’ duties in terms of anti-money laundering and counter-terrorist financing duties. Therefore, it is necessary that national supervisors, as part of the integrated supervisory mechanism put in place by this Directive and Regulation (EU) 2024/1620, obtain clarity as to their respective rights and obligations.

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