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Text as of 30 Dec 2024 · Regulation (EU) 2023/1113, OJ L 150, 9.6.2023 · Same wording as today’s text.Today’s text

Article 23 — Internal policies, procedures and controls to ensure implementation of restrictive measures

Financial crimeLevel 1RegulationToFRIn forceVerifiedOfficial source

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.