AMLR TEXT
AMLR text: how Regulation 2024/1624 is built
Where the authentic text lives, how the nine chapters fit together, and the reading order we recommend.
If you want the AMLR text, the only authentic version is the one in the Official Journal: Regulation (EU) 2024/1624 on EUR-Lex. It was published on 19 June 2024. Every summary, including this one, is a reading aid.
The shape of the text
The Regulation has 175 recitals, 90 articles in nine chapters, and six annexes. In outline:
| Chapter | Articles | Subject |
|---|---|---|
| I | 1 to 8 | Subject matter, definitions, scope, cross-border operations |
| II | 9 to 18 | Internal policies, risk assessment, compliance functions, groups, outsourcing |
| III | 19 to 50 | Customer due diligence, including simplified and enhanced measures and reliance |
| IV | 51 to 68 | Beneficial ownership transparency |
| V | 69 to 74 | Reporting obligations |
| VI | 75 | Information sharing |
| VII | 76 to 78 | Data protection and record retention |
| VIII | 79 and 80 | Anonymous instruments and cash limits |
| IX | 81 to 90 | Final provisions, including application dates |
Article 90 fixes the general application date at 10 July 2027. A later date, 10 July 2029, applies to football agents and professional football clubs.
How we suggest you read it
Do not start at Article 1. Start with Article 3, because it tells you whether you are an obliged entity at all, then read Chapter II, then Chapter III. The recitals are useful when an article is ambiguous: they explain what the legislators meant to achieve and regulators lean on them.
Keep the annexes open in a second window. Article 20(2) sends you to Annexes I, II and III for the risk variables and factors that should shape your due diligence, and Annex VI is a correlation table matching the old Directive’s provisions to the new ones.
What the Regulation does not contain
Much of the operational detail is delegated. The AMLR commits AMLA to draft regulatory technical standards on topics such as the information collected for customer due diligence, which is why you also need the technical standards tracker. Supervisory powers, administrative penalties and the national supervisor framework mostly sit in the companion Directive (EU) 2024/1640, and the authority itself is created by Regulation (EU) 2024/1620.
Our article-by-article guide goes through the provisions most firms get asked about.
What this means for you
Print Chapters II and III and read them against your own procedures manual. The gaps tend to show up within an hour. If you would like help turning them into a plan, use our enquiry form to talk to an expert.
General information, not legal advice.