Recital 60

(60) Through the interconnection of Member States’ centralised automated mechanisms, national FIUs would be able to obtain swiftly cross-border information on the identity of holders of bank accounts and payment accounts, securities accounts, crypto-asset accounts and safe deposit boxes in other Member States, which would reinforce their ability to effectively carry out financial analysis and cooperate with their counterparts from other Member States. Direct cross-border access to information on bank accounts and payment accounts, securities accounts, crypto-asset accounts and safe deposit boxes would enable FIUs to produce financial analysis within a sufficiently short timeframe to trace funds funnelled through various accounts, including by using virtual IBANs, detect potential money laundering and terrorist financing cases and guarantee a swift law enforcement action. AMLA should also be provided with direct access to the interconnected centralised automated mechanisms in order to provide operational support to FIUs in the framework of joint analysis exercises. Member States should ensure that direct access to the interconnected centralised automated mechanisms is extended to supervisory authorities to enable them to effectively perform their tasks.

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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.