+6. Specifically, these Guidelines: a) set out the factors that payment service providers (PSPs) …

6. Specifically, these Guidelines: a) set out the factors that payment service providers (PSPs) …

Specifically, these Guidelines:

  • a) set out the factors that payment service providers (PSPs), intermediary payment service providers (IPSPs), crypto-asset service providers (CASPs) and intermediary crypto-asset service providers (ICASPs) should consider when establishing procedures to detect and manage transfers of funds and crypto-assets lacking the required information on the payer/originator and/or the payee/beneficiary, and to ensure that these procedures are effective;
  • b) specify what PSPs, CASPs, IPSPs and ICASPs should do to manage the risk of money laundering (ML) or terrorist financing (TF) where the required information on the payer, originator, payee or beneficiary is missing or incomplete;
  • c) specify technical aspects of the application of Regulation (EU) 2023/1113 to direct debits.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/