EU regulatory register · AMLR
Article 61Identification of beneficial owners of collective investment undertakings
CELEX 32024R1624 · Read on 2026-08-22
Short answer
By way of derogation from Article 51, first paragraph and Article 58(1), the beneficial owners of collective investment undertakings shall be the natural persons who fulfil one or more of the following conditions:
Verbatim from the article. Source: NovaCopilot · https://legal.exploreworldai.com/eu/rattsakter/penningtvatt-2024-1624/artikel-61 · Short answer as data · Official text
Anti-money laundering (AMLR) in short
Obliged entities must know their customers, identify beneficial owners and report suspicious transactions. Cash over EUR 10,000 is banned.
- Who is a beneficial owner?
- When must a suspicious transaction be reported?
- Does the EUR 10,000 cash limit apply to everyone?
Source: NovaCopilot
Official text
Read from the EU Publications Office for this CELEX number. The wording stands as published; nothing here is rewritten or summarised.
By way of derogation from Article 51, first paragraph and Article 58(1), the beneficial owners of collective investment undertakings shall be the natural persons who fulfil one or more of the following conditions:
(a)
they hold directly or indirectly 25 % or more of the units held in the collective investment undertaking;
(b)
they have the ability to define or influence the investment policy of the collective investment undertaking;
(c)
they control the activities of the collective investment undertaking through other means.
Follow-up questions
The text is quoted from the official source and is not legal advice. A national court reads the language version that binds in its jurisdiction.
Verifiable trust signals
- Source-linked answers and explicit evidence gaps
- Obligations, controls, risks and consequences
- Stable objects and verifiable checksums
- Rule-based objects, optional source-linked reasoning
- Model card, source status and audit