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Glossary termPublished inAMLR

Management body in its supervisory function

What does "Management body in its supervisory function" mean under the AMLR?

The management body acting in its role of overseeing and monitoring management decision-making

Defined in / by

Last updated: 22 August 2026.

Regulations

  • Anti-Money Laundering Regulation (AMLR)

    The AMLR is Regulation (EU) 2024/1624. It applies from 10 July 2027 and is directly applicable, so from that date customer due diligence, beneficial ownership, reporting and internal controls come from EU law rather than national statute. Cash payments for goods and services are capped at €10,000. Football clubs and agents follow on 10 July 2029.

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    AMLR applies (Art. 90) and the AMLD6 transposition deadline. References to Directive (EU) 2015/849 are construed as references to the AMLR and AMLD6, per the correlation table in Annex VI (Art. 89); the repeal itself sits in AMLD6

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