> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/amlr/chapter-ix-final-provisions-art.-81-90/88.md).

# Art. 88 — Reports

AMLR Article 88 — Reports. Regulation (EU) 2024/1624, Chapter IX — Final provisions.

By 10 July 2030, the Commission shall submit reports to the European Parliament and to the Council assessing the necessity and proportionality of:

> **(a)**&#x6C;owering the 25 % threshold for the identification of beneficial ownership of legal entities through ownership interest;
>
> **(b)**&#x65;xtending the scope of high-value goods to include high-value garments and accessories;
>
> **(c)**&#x65;xtending the scope of the threshold-based disclosures under [Article 74](/amlr/chapter-v-reporting-obligations-art.-69-74/74.md) to cover the sale of other goods, of introducing harmonised formats for the reporting of those transactions based on the usefulness of those reports for FIUs, and of extending the scope of information collected from persons trading in free-trade zones;
>
> **(d)**&#x61;djusting the limit for large cash payments.


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