From Feedback to Alert: Risks and Opportunities in Implementing Article 26 Of Directive (Eu) 2024/1640
From Feedback to Alert: Risks and Opportunities in Implementing Article 26 Of Directive (Eu) 2024/1640

Summary/Abstract: The latest anti-money laundering and counter-terrorist financing (AML/CFT) framework of the European Union introduces new mechanisms intended to enhance the system's preventive capacity. Notably, Directive (EU) 2024/1640 establishes alerts issued by Financial Intelligence Units (FIUs) to obliged entities. This study conducts a comparative analysis of the evolution of public-private information flows under Directive (EU) 2015/849, Directive (EU) 2018/843, and Directive (EU) 2024/1640. It investigates how the feedback-based model has been augmented by an alert-based approach designed to deliver time-sensitive risk signals. Furthermore, the article assesses the principal risks and opportunities associated with the implementation of alerts in national legislation. It concludes that, while alerts may enhance early detection and cooperation, their effectiveness depends on clear legal safeguards and balanced national implementation

• Details
• Contents