art_102__para_1

1. By 31 December 2030, and every five years thereafter, the Commission shall draw up a report on the Authority’s performance in relation to its objectives, mandate, tasks and location, in accordance with the Commission’s guidelines. That report shall, in particular, address: the possible need to amend the mandate of the Authority, and the financial implications of any such amendment; the impact of all supervisory activities and tasks of the Authority on the interests of the Union as a whole, and specifically the effectiveness of: supervisory tasks and activities related to direct supervision of selected obliged entities; indirect supervision of non-selected obliged entities; indirect oversight of other obliged entities; the impact of the activities related to support and coordination of FIUs, and in particular the coordination of the joint analyses of cross-border activities and transactions conducted by FIUs; the impartiality, objectivity and autonomy of the Authority; the appropriateness of governance arrangements, including the composition of, and voting arrangements in, the Executive Board and its relationship with the General Board; the cost effectiveness of the Authority, if appropriate, separately in relation to its distinct sources of funding; the effectiveness of the recourse mechanism against decisions of the Authority and the independence and accountability arrangements applicable to the Authority; the effectiveness of cooperation and information sharing arrangements between the Authority and non-AML/CFT authorities; the interaction between the Authority and the other Union supervisory authorities and bodies, including the EBA, Europol, Eurojust, OLAF and the EPPO; the scope of direct supervision and the criteria and methodology for the assessment and selection of entities for direct supervision; the effectiveness of the Authority’s supervisory and sanctioning powers; the effectiveness of, and convergence in, supervisory practices reached by supervisory authorities and the role of the Authority therein.

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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.