My bookmarksSign up free

Regulation (EU) 2023/1113 CHAPTER IV — Common measures applicable by payment service providers and crypto-asset service providers

Article 23 · 1 articles

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Internal policies, procedures and controls to ensure implementation of restrictive measures

Article 23

Payment service providers and crypto-asset service providers shall have in place internal policies, procedures and controls to ensure the implementation of Union and national restrictive measures when performing transfers of funds and crypto-assets under this Regulation. The European Banking Authority (EBA) shall issue guidelines by 30 December 2024 specifying the measures referred to in this Article.

Back to Regulation (EU) 2023/1113 — full text

Articles on this page are reproduced verbatim from official open data. See the attribution line.

Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.

What to look at next