4. Before the end of the period referred to in paragraph 3, the Commission, having consulted the Authority for Anti-Money Laundering and Countering the Financing of Terrorism established by Regulation (EU) 2024/1620 (AMLA), shall issue a detailed opinion regarding whether the measure envisaged:
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(a)
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is adequate to address the risks identified, in particular as regards whether the risks identified by the Member State concern the internal market;
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(b)
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may create obstacles to the free movement of services or capital or to the freedom of establishment of service providers within the internal market which are not proportionate to the money laundering and terrorist financing risks the measure aims to mitigate.
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The detailed opinion referred to in the first subparagraph shall also indicate whether the Commission intends to propose action at Union level.