Subject matter
This Directive lays down rules concerning:
(a)
the measures applicable to sectors exposed to money laundering and terrorist financing, at national level;
(b)
the requirements in relation to registration of, identification of, and checks on, senior management and beneficial owners of obliged entities;
(c)
the identification of money laundering and terrorist financing risks at Union and Member State level;
(d)
the set-up of and access to beneficial ownership and bank account registers and access to real estate information;
(e)
the responsibilities and tasks of Financial Intelligence Units (FIUs);
(f)
the responsibilities and tasks of bodies involved in the supervision of obliged entities;
(g)
cooperation between competent authorities and cooperation with authorities covered by other Union legal acts.
Definitions
For the purposes of this Directive, the definitions set out in Article 2(1) of Regulation (EU) 2024/1624 apply.
The following definitions also apply:
(1)
‘financial supervisor’ means a supervisor in charge of credit institutions and financial institutions;
(2)
‘non-financial supervisor’ means a supervisor in charge of the non-financial sector;
(3)
‘non-financial sector’ means the obliged entities listed in Article 3, point (3), of Regulation (EU) 2024/1624;
(4)
‘obliged entity’ means a natural or legal person listed in Article 3 of Regulation (EU) 2024/1624 that is not exempted in accordance with Article 4, 5, 6 or 7 of that Regulation;
(5)
‘home Member State’ means the Member State where the registered office of the obliged entity is located or, if the obliged entity has no registered office, the Member State in which its head office is located;
(6)
‘host Member State’ means a Member State, other than the home Member State, in which the obliged entity operates an establishment, such as a subsidiary or a branch, or where the obliged entity operates under the freedom to provide services through an infrastructure;
(7)
‘customs authorities’ means the customs authorities as defined in Article 5, point (1), of Regulation (EU) No 952/2013 of the European Parliament and of the Council ( 34 ) and the competent authorities as defined in Article 2(1), point (g), of Regulation (EU) 2018/1672 of the European Parliament and of the Council ( 35 ) ;
(8)
‘AML/CFT supervisory college’ means a permanent structure for cooperation and information sharing for the purposes of supervising a group or an entity that operates in a host Member State or third country;
(9)
‘draft national measure’ means the text of an act, whichever its form, which, once enacted, will have legal effect, the text being at a stage of preparation at which substantial amendments can still be made;
(10)
‘securities account’ means a securities account as defined in Article 2(1), point (28), of Regulation (EU) No 909/2014 of the European Parliament and of the Council ( 36 ) ;
(11)
‘securities’ means financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU of the European Parliament and of the Council ( 37 ) .
