+4. Information requirements in relation to transfers of funds and certain crypto-asset transfers under Regulation (EU) 2023/1113
---+4.1. General provisions
------+12. To determine what information should accompany a transfer of funds or crypto-assets, and the …
------+13. PSPs, IPSPs, CASPs and ICASPs should ensure that the policies and procedures they have put in …
------+14. PSPs, IPSPs, CASPs and ICASPs should keep their policies and procedures up to date and improve …
---+4.2. Exclusion from the scope of Regulation (EU) 2023/1113 and derogations
------+15. PSPs and CASPs should set out in their policies and procedures how they will determine whether …
------+16. PSPs and CASPs should treat a transfer of funds or crypto-assets as a payment for goods or …
------+17. PSPs should have policies and procedures in place to detect transfers that appear to be linked.
------+18. PSPs should treat transfers as linked that are: a) carried out in a single operation or in …
------+19. PSPs should set out in their policies and procedures: a) what constitutes a short timeframe for …
------+20. PSPs should determine whether a transfer is linked the moment the transfer was ordered or …
---+4.3. Transmitting and receiving information with the transfer in ac-cordance with Articles 4 to 8, 10 to 12, 14 to 17 and 19 to 21 of Regulation (EU) 2023/1113
------+21. PSPs, IPSPs, CASPs and ICASPs should use infrastructures and services for the transmission and …
------+22. PSPs, IPSPs, CASPs and ICASPs should ensure that their systems are able to maintain data …
------+23. PSPs, IPSPs, CASPs and ICASPs should ensure that the systems they use for the transfer of …
------+24. CASPs and ICASPs may, by way of derogation from paragraph 21 and until 31 July 2025 …
------+25. When transmitting information in accordance with Article 14 of Regulation (EU) 2023/1113, the …
------+26. When choosing the messaging or payment and settlement system(s), CASPs and ICASPs should take …
------+27. PSPs and IPSPs that enable the execution of transfers with two or more IPSPs or PSPs on a …
------+28. For transfers that have not been batched, the PSP or IPSP should: a) consider the transfer …
------+29. IPSPs are only responsible for passing through the payment message using the data that they …
------+30. PSPs and IPSPs should not treat a transfer from the payer to the payee as liquidity movement or …
------+31. Where the intermediary does not receive the required information related to a transfer …
---+4.4. Information to be transmitted with the transfer in accordance with Articles 4 and 14 of Regulation (EU) 2023/1113
------+32. PSPs and CASPs should not change the initial submission, unless: a) they are requested to do so …
------+33. Where, in the context of paragraph 32, there is a change to the initial submission, the payer’s …
------+34. PSPs should ensure that the transfer of funds is accompanied by the payment account number. …
------+35. The payer’s PSP or originator’s CASP should provide the following: a) For natural persons, the …
------+36. The payer’s PSP and originator’s CASP should provide the following: a) For natural persons, the …
------+37. The address should be provided, to the extent possible, in the following order of priority: the …
------+38. The payer’s PSP and originator’s CASP should provide the postal address as specified in …
------+39. The combination of the alternative information items to be provided in accordance with Arti-cle …
------+40. For transfers from a joint account, address or wallet, the information of all holders of the …
------+41. The payer’s PSP and the originator’s CASP should consider only those official identifiers as …
---+4.5. Detecting missing information in accordance with Articles 7, 11, 16 and 20 of Regulation (EU) 2023/1113
------+42. Procedures as referred to in Articles 7 11, 16 and 20 of Regulation (EU) 2023/1113 should at …
------+43. Payees ’ PSPs and IPSPs should ensure that in relation to their messaging or payment and …
------+44. Where a PSP’s or IPSP’s messaging or payment and settlement system does not meet all the …
------+45. Payees ’ PSPs and IPSPs should set out in their policies and procedures: a) how they will …
------+46. Payees’ PSPs, IPSPs, beneficiary’s CASPs or ICASPs should set out in their policies and …
------+47. PSPs, IPSPs, CASPs and ICASPs should determine the risk factors based on those set out in the …
------+48. When considering whether or not a transfer raises suspicion, the PSPs, IPSPs, CASPs or ICASPs …
------+49. The payee’s PSP, beneficiary’s CASP, IPSP and ICASP should treat information as missing if …
------+50. The payee’s PSP, beneficiary’s CASP, IPSP and ICASP should treat at least the following …
------+51. Where PSPs, CASPs, IPSPs and ICASPs use a list of terms commonly found to be meaningless, they …
---+4.6. Transfers with missing or incomplete information in accord-ance with Articles 8, 12, 17 and 21 of Regulation (EU)
------+52. PSPs and CASPs should set out in their policies and procedures how they will determine whether …
------+53. PSPs, IPSPs, CASPs, and ICASPs should consider in their assessment before deciding on the …
------+54. Where an IPSP, payee’s PSP, ICASP or beneficiary’s CASP decides to reject a transfer or an …
------+55. Where the rejection is technically not possible, the transfer should be returned to the …
------+56. Where the PSP, IPSP, CASP or ICASP requests required information that is missing, it should set …
------+57. Where a PSP, IPSP, CASP or ICASP decides to request the required information from the prior …
------+58. Any request for information or clarification should be sent through the same messaging system …
------+59. Should the requested information not be forthcoming, the PSP or IPSP should send a reminder to …
------+60. Where the requested information is not provided by the set deadline, the PSP or IPSP should …
------+61. Should the requested information not be forthcoming, as part of actions to be taken in …
------+62. Where the requested information is not provided by the set deadline, the CASP or ICASP should …
------+63. Requests for missing information or clarification with respect to transfers from or to …
------+64. Where a PSP, IPSP, CASP or ICASP becomes aware that required information is missing …
------+65. Where a PSP or IPSP detects ex post that the required information was missing, incomplete or …
------+66. Where a CASP or ICASP executes the transfer and detects ex post that the required information …
---+4.7. Repeatedly failing PSPs, CASPs, IPSPs or ICASPs in accordance with Articles 8 (2), 12 (2), 17 (2) and 21(2) of Regulation (EU) 2023/1113
------+67. PSPs and CASPs should set out in their policies and procedures the quantitative and qualitative …
------+68. Quantitative criteria should include at least: a) the percentage of transfers with missing or …
------+69. Qualitative criteria should include at least: a) the level of cooperation of the requested PSP …
------+70. The warning in accordance with Articles 8(2), point (a), 12(2), point (a), 17(2), point (a) …
------+71. PSPs and CASPs should consider issuing a further warning to the prior PSP, IPSP, CASP or ICASP …
------+72. In relation to the treatment under Articles 8(2), point (b), 12(2), point (b), 17(2), point …
------+73. Before taking the decision to terminate a business relationship, in particular where the prior …
------+74. The report to the competent authority referred to in Articles 8(2), 12(2), 17(2) and 21 of …
------+75. The report should include: a) the name of the PSP, IPSP, CASP or ICASP identified as repeatedly …
---+4.8. Transfers of crypto-assets made from or to self-hosted ad-dresses in accordance with Articles 14(5) and 16(2) of Regula-tion (EU) 2023/1113
------+76. CASPs and ICASPs should consider a transfer of a crypto-asset as individually identified when …
------+77. To determine whether or not a self-hosted address is used on the other end of a transfer, the …
------+78. If such information cannot be retrieved via technical means, the originator’s CASP and the …
------+79. The originator’s CASP should do this assessment before the transfer is initiated and the …
------+80. Where a self-hosted address is used on the other end of the transfer, CASPs should collect the …
------+81. CASPs should determine whether a transfer involving a self-hosted address amounts to or …
------+82. To determine whether the value of transfers from or to self-hosted addresses is above EUR 1 …
------+83. In order to assess whether the self-hosted address is owned or controlled by the originator or …
------+84. The decision on which method(s) to choose should depend on: a) the technical capabilities of …
------+85. Where one method on its own is not sufficiently reliable to reasonably ascertain the ownership …
------+86. Where the CASP is fully satisfied that the self-hosted address is owned or controlled by its …
------+87. CASPs should assess the risk associated with transfers from or to a self-hosted address as set …
------+88. CASPs should apply at least one of the risk-mitigating measures as identified in Article 19a(1) …
------+89. Where, as a result of the assessment in Section 4.8.4., it is established that the self-hosted …
------+90. Where such transfers raise suspicions of ML/TF, CASPs should report to the FIU in accordance …
---+4.5. Obligations on the payer’s PSP, payee’s PSP and IPSPs where a transfer is a direct debit
------+91. Where a transfer of funds is a direct debit, the payee’s PSP should send the required …
------+92. For the purpose of paragraph 91: a) the obligations set out in Articles 4, 5 and 6 of …
------+93. Where the payer’s PSP becomes aware, when receiving the direct debit collections, that the …
------+94. The payer’s PSP should leverage available communication channels to engage with any repeat-edly …

4. Information requirements in relation to transfers of funds and certain crypto-asset transfers under Regulation (EU) 2023/1113

4. Information requirements in relation to transfers of funds and certain crypto-asset transfers under Regulation (EU) 2023/1113

1. Overview

,
4.1. General provisions

Transfer of funds and crypto-assets
4.2. Exclusion from the scope of Regulation (EU) 2023/1113 and derogations

Transfer of funds and crypto-assets
4.3. Transmitting and receiving information with the transfer in ac-cordance with Articles 4 to 8, 10 to 12, 14 to 17 and 19 to 21 of Regulation (EU) 2023/1113

4.3.1. Messaging or payment and settlement systems

Transfer of funds and crypto-assets
4.4. Information to be transmitted with the transfer in accordance with Articles 4 and 14 of Regulation (EU) 2023/1113

Transfer of funds and crypto-assets
4.5. Detecting missing information in accordance with Articles 7, 11, 16 and 20 of Regulation (EU) 2023/1113

4.5.1. Procedures to detect missing information in accordance with Articles 7, 11, 16 and 20 of Regulation (EU) 2023/1113

Transfer of funds and crypto-assets
4.6. Transfers with missing or incomplete information in accord-ance with Articles 8, 12, 17 and 21 of Regulation (EU)

2023/1113 Risk-based procedures for determining whether to execute, reject

or suspend a transfer in accordance with Articles 8(1), 12, 17(1) and 21(1) of Reg-ulation (EU) 2023/1113

Transfer of funds and crypto-assets
4.7. Repeatedly failing PSPs, CASPs, IPSPs or ICASPs in accordance with Articles 8 (2), 12 (2), 17 (2) and 21(2) of Regulation (EU) 2023/1113

4.7.1. Treatment of repeatedly failing PSPs, CASPs, IPSPs or ICASPs in accordance with Articles 8(2), 12(2), 17(2) and 21(2) of Regulation (EU) 2023/1113

Transfer of funds and crypto-assets
4.8. Transfers of crypto-assets made from or to self-hosted ad-dresses in accordance with Articles 14(5) and 16(2) of Regula-tion (EU) 2023/1113

4.8.1. Individually identifying transfers from or to self-hosted addresses in accordance with Articles 14(5) and 16(2) of Regulation (EU) 2023/1113
4.5. Obligations on the payer’s PSP, payee’s PSP and IPSPs where a transfer is a direct debit

Transfer of funds

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
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