Defined terms — REGULATION (EU) 2024/1620 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 31 May 2024 establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010 (Text with EEA relevance)
European Union · 32024R1620 · 554 provisions
4 defined in this instrument.
AML/CFT supervisory system — the Authority and the supervisory authorities in Member States 1
non-AML/CFT authority — (a)
a competent authority as defined in Article 4(1), point (40), of Regulation (EU) No 575/2013 of the European Parliament and of the Council (27);
(b)
the European Central Bank (ECB), when it carries out the tasks conferred on it by Regulation (EU) No 1024/2013;
(c)
a resolution authority designated in accordance with Article 3 of Directive 2014/59/EU;
(d)
a designated authority as defined in Article 2(1), point (18), of Directive 2014/49/EU;
(e)
a competent authority as defined in Article 3(1), point (35), of Regulation (EU) 2023/1114 1
non-selected obliged entity — a credit institution, a financial institution, or a group of credit institutions or financial institutions at the highest level of consolidation in the Union in accordance with applicable accounting standards, other than a selected obliged entity 1
selected obliged entity — a credit institution, a financial institution, or a group of credit institutions or financial institutions at the highest level of consolidation in the Union in accordance with applicable accounting standards, which is under direct supervision by the Authority pursuant to Article 13 1