Article 59 Exchange of information on pecuniary sanctions and administrative measures

1.   Member States shall ensure that their supervisors and, where relevant, the public authority overseeing self-regulatory bodies in their performance of supervisory functions, inform AMLA of all pecuniary sanctions imposed and administrative measures applied in accordance with this Section, including of any appeal in relation thereto and the outcome thereof. Such information shall also be shared with other supervisors when the pecuniary sanction or administrative measure concerns an entity operating in two or more Member States.

2.   AMLA shall maintain on its website links to each supervisor’s publication of pecuniary sanctions imposed and administrative measures applied in accordance with Article 58, and shall show the period for which each Member State publishes pecuniary sanctions and administrative measures.