Recital 36 AMLD6 — DIRECTIVE (EU) 2024/1640 OF THE EUROPEAN PARLIAMENT AND OF…

Recital 36

AMLD6

DIRECTIVE (EU) 2024/1640 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 31 May 2024 on the mechanisms to be put in place by Member States for the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Directive(EU) 2019/1937, and amending and repealing Directive (EU) 2015/849 (Text with EEA relevance) · European Union

(36) It is essential that the information on beneficial ownership remains available through the central registers and through the system of interconnection of central registers for a minimum of 5 years after the legal entity has been dissolved or the legal arrangement has ceased to exist. Member States should be able to provide by law additional grounds for the processing of beneficial ownership information for purposes other than AML/CFT, if such processing meets an objective of public interest and constitutes a necessary and proportionate measure in a democratic society to the legitimate aim pursued.

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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.