{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2023-06-09","gaps":[],"covered":["ToFR L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":"2026-11-09","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/tofr/articles/29","url":"https://www.headlesslaw.com/tofr/articles/29","title":"Article 29 — Specific provisions","family":"l1_hand","work_id":"tofr","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-11","applies_from":"2024-12-30","application":{"state":"applicable","next":null,"dates":[{"at":"2024-12-30","note":"Article 40"}]},"version_label":"Regulation (EU) 2023/1113, OJ L 150, 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provisions","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"tofr/art/29/subpara/1","kind":"subparagraph","status":"in_force","label":null,"heading":null,"text":"Member States shall ensure that their administrative sanctions and measures include at least those laid down in Article 59(2) and (3) of Directive (EU) 2015/849 in the event of the following breaches of this Regulation:","marks":[],"revision":1,"text_hash":"065dffc23c9e8c07cab70629c326241d47b11f52b22d5d68ec53fd1eb315f1c2","reason":null},{"locator":"tofr/art/29/subpara/1/pt/a","kind":"point","status":"in_force","label":"(a)","heading":null,"text":"repeated or systematic failure by a payment service provider to accompany the transfer of funds with the required information on the payer or the payee, in breach of Article 4, 5 or 6, or by a crypto-asset service provider to accompany the transfer of crypto-assets with the required information on the originator and beneficiary, in breach of Article 14 or 15;","marks":[],"revision":1,"text_hash":"dd4c5548adae31aad9ef6685112bc45e46cbdefabad530b79da59279c3e0784b","reason":null},{"locator":"tofr/art/29/subpara/1/pt/b","kind":"point","status":"in_force","label":"(b)","heading":null,"text":"repeated, systematic or serious failure by a payment service provider or crypto-asset service provider to retain records, in breach of Article 26;","marks":[],"revision":1,"text_hash":"7b549a4613345201bf34cc58e09642cfbe9c30cf569a6b102043cd3153f08a4e","reason":null},{"locator":"tofr/art/29/subpara/1/pt/c","kind":"point","status":"in_force","label":"(c)","heading":null,"text":"failure by a payment service provider to implement effective risk-based procedures, in breach of Article 8 or 12, or by a crypto-asset service provider to implement effective risk-based procedures, in breach of Article 17;","marks":[],"revision":1,"text_hash":"4412f76f6f11a0bf9b4952a75ce94ebd143bf0f01d310f0da34ea9206a26bc3b","reason":null},{"locator":"tofr/art/29/subpara/1/pt/d","kind":"point","status":"in_force","label":"(d)","heading":null,"text":"serious failure by an intermediary payment service provider to comply with Article 11 or 12 or by an intermediary crypto-asset service provider to comply with Article 19, 20 or 21.","marks":[],"revision":1,"text_hash":"c2d48b941b62b24fbcdd5068b78aa7c33ed90cc5815b800839b8bdaae55e3a30","reason":null}],"markdown":"*In force · Regulation (EU) 2023/1113, OJ L 150, 9.6.2023 · Verified 9 Nov 2026 · [Official source](https://eur-lex.europa.eu/eli/reg/2023/1113/oj/eng)*\n\nMember States shall ensure that their administrative sanctions and measures include at least those laid down in Article 59(2) and (3) of Directive (EU) 2015/849 in the event of the following breaches of this Regulation:\n\n<a id=\"p-a\"></a>**(a)** repeated or systematic failure by a [payment service provider](https://www.headlesslaw.com/definitions/tofr/payment-service-provider) to accompany the [transfer of funds](https://www.headlesslaw.com/definitions/tofr/transfer-of-funds) with the required information on the [payer](https://www.headlesslaw.com/definitions/tofr/payer) or the [payee](https://www.headlesslaw.com/definitions/tofr/payee), in breach of [Article 4](4.md), [5](5.md) or [6](6.md), or by a [crypto-asset service provider](https://www.headlesslaw.com/definitions/tofr/crypto-asset-service-provider) to accompany the [transfer of crypto-assets](https://www.headlesslaw.com/definitions/tofr/transfer-of-crypto-assets) with the required information on the [originator](https://www.headlesslaw.com/definitions/tofr/originator) and [beneficiary](https://www.headlesslaw.com/definitions/tofr/beneficiary), in breach of [Article 14](14.md) or [15](15.md);\n\n<a id=\"p-b\"></a>**(b)** repeated, systematic or serious failure by a [payment service provider](https://www.headlesslaw.com/definitions/tofr/payment-service-provider) or [crypto-asset service provider](https://www.headlesslaw.com/definitions/tofr/crypto-asset-service-provider) to retain records, in breach of [Article 26](26.md);\n\n<a id=\"p-c\"></a>**(c)** failure by a [payment service provider](https://www.headlesslaw.com/definitions/tofr/payment-service-provider) to implement effective risk-based procedures, in breach of [Article 8](8.md) or [12](12.md), or by a [crypto-asset service provider](https://www.headlesslaw.com/definitions/tofr/crypto-asset-service-provider) to implement effective risk-based procedures, in breach of [Article 17](17.md);\n\n<a id=\"p-d\"></a>**(d)** serious failure by an [intermediary payment service provider](https://www.headlesslaw.com/definitions/tofr/intermediary-payment-service-provider) to comply with [Article 11](11.md) or [12](12.md) or by an [intermediary crypto-asset service provider](https://www.headlesslaw.com/definitions/tofr/intermediary-crypto-asset-service-provider) to comply with [Article 19](19.md), [20](20.md) or [21](21.md).\n\n***\n\n[Chapter VI — Sanctions and monitoring](../chapters/vi.md) · [← Article 28](28.md) · [Article 30 →](30.md)\n"}