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Regulation (EU) 2024/1620 of the European Parliament and of the Council of 31 May 2024 establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010 (Text with EEA relevance) article 74 CELEX: 32024R1620 Decisions subject to review
1. A request for review may be brought before the Administrative Board of Review against decisions taken by the Authority pursuant to Article 6(1) and Articles 21, 22, 23 and 77 by any natural or legal person to whom the decision is addressed, or to whom it is of direct and individual concern. 2. Any request for review shall be made in writing, including a statement of grounds, and shall be lodged with the Authority within one month of the date of notification of the decision to the person requesting the review, or, in the absence thereof, of the day on which it came to the knowledge of the person requesting the review. |
Regulation (EU) 2024/1620 of the European Parliament and of the Council of 31 May 2024 establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010 (Text with EEA relevance) article 74 CELEX: 32024R1620 3. After ruling on the admissibility of the request for review, the Administrative Board of Review shall express an opinion within a period appropriate to the urgency of the matter and in any event no later than two months from the receipt of the request, and remit the case for preparation of a new decision to the Executive Board. The Executive Board shall take into account the opinion of the Administrative Board of Review and shall promptly adopt a new decision. The new decision shall abrogate the initial decision and replace it with either a decision of identical content or an amended decision. 4. A request for review pursuant to paragraph 2 may include a request to suspend the application of the decision subject to review proceedings. The Administrative Board of Review may, if it considers that the circumstances so require and taking into account the view of the Executive Board, order that application of the decision in question be suspended until the Executive Board adopts a new decision pursuant to paragraph 3. If the Administrative Board of Review does not decide on the request for suspension within 14 days, that request shall be deemed to be rejected. |
Regulation (EU) 2024/1620 of the European Parliament and of the Council of 31 May 2024 establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010 (Text with EEA relevance) article 74 CELEX: 32024R1620 5. The opinion expressed by the Administrative Board of Review, and the new decision adopted by the Executive Board pursuant to this Article, shall be reasoned and notified to the parties. 6. The Authority shall adopt a decision establishing the Administrative Board of Review’s rules of procedure. |