emendrix

Art. 88

Anti-Money Laundering Authority Regulation · 32024R1620 · every event for this act · on EUR-Lex

Obligation of professional secrecy

1 change recorded across 1 event, newest first.

in force 2025-11-10 MODIFIED+130 −0

Amended by Regulation (EU) 2025/2088 32025R2088

applies from: unchanged

A new paragraph 3a has been added stating that the Article does not prevent the Authority from exchanging information with other authorities as defined in Article 92a(12).

Cited: Art. 88, v2

text before / after

32024R162002024R1620-20251110

Article 88 Obligation of professional secrecy 1. Members of the General Board and the Executive Board, and all members of staff of the Authority, including officials seconded by Member States on a temporary basis, as well as all other persons carrying out tasks for the Authority on a contractual basis, shall be subject to the requirements of professional secrecy pursuant to Article 339 TFEU and Article 67 of Directive (EU) 2024/1640, including after their duties have ceased. 2. The Executive Board shall ensure that individuals who provide any service, directly or indirectly, permanently or occasionally, relating to the tasks of the Authority, including officials and other persons authorised by the Executive Board or appointed by the public authorities and FIUs for that purpose, are subject to requirements of professional secrecy equivalent to those provided for in paragraph 1. 3. For the purpose of carrying out the tasks conferred on it by this Regulation, the Authority shall be authorised, within the limits and under the conditions set out in the acts referred to in Article 1(2), to exchange information with Union or national authorities and bodies in the cases where those acts allow financial supervisors to disclose information to those entities or where Member States can provide for such disclosure under the applicable Union law. 3a. This Article shall not prevent the Authority from exchanging information with other authorities as defined in Article 92a(12). 4. The Authority shall establish practical arrangements for implementing the confidentiality rules referred to in paragraphs 1 and 2. 5. The Authority shall apply Commission Decision (EU, Euratom) 2015/444 Commission Decision (EU, Euratom) 2015/444 of 13 March 2015 on the security rules for protecting EU classified information (OJ L 72, 17.3.2015, p. 53)..