Recital 39

(39) It should be possible for each Member State to lay down in its national law that an obliged entity subject to prudential rules requiring the appointment of a compliance officer or of a head of the internal audit function can entrust those persons with the functions and responsibilities of AML/CFT compliance officer and internal audit function for AML/CFT purposes. In cases of higher risks, or where justified by the size of the obliged entity, it should be possible for the responsibilities of compliance controls and of the day-to-day operation of the obliged entity’s AML/CFT policies and procedures to be entrusted to two different persons.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.