Open on EUR-Lex ↗

Recital 12

Recital 12

(12)To ensure respect for the principle of proportionality and avoid the duplication of information, an AML/CFT authority submitting information on a measure should be deemed as also submitting the notification referred to in Article 62 of Directive (EU) 2015/849, with regard to that measure. Furthermore, it is necessary to require that an AML/CFT or prudential authority submitting information to the central database specifies as part of its submission whether that authority has already submitted a notification under Article 97(6) of Directive 2013/36/EU of the European Parliament and of the Council 5 .

  1. 5 Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC ( OJ L 176, 27.6.2013, p. 338 ). ↩
Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
6 queries · page built in 5 msInventory f82bbfa3