> For the complete documentation index, see [llms.txt](https://www.headlesslaw.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.headlesslaw.com/tofr/articles/29.md).

# Article 29 — Specific provisions

*In force · Regulation (EU) 2023/1113, OJ L 150, 9.6.2023 · Checked against EUR-Lex on 19 Oct 2026 ·* [*Official source*](https://eur-lex.europa.eu/eli/reg/2023/1113/oj/eng)

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:

**(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](/tofr/articles/4.md), [5](/tofr/articles/5.md) or [6](/tofr/articles/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](/tofr/articles/14.md) or [15](/tofr/articles/15.md);

**(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](/tofr/articles/26.md);

**(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](/tofr/articles/8.md) or [12](/tofr/articles/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](/tofr/articles/17.md);

**(d)** serious failure by an [intermediary payment service provider](https://www.headlesslaw.com/definitions/tofr/intermediary-payment-service-provider) to comply with [Article 11](/tofr/articles/11.md) or [12](/tofr/articles/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](/tofr/articles/19.md), [20](/tofr/articles/20.md) or [21](/tofr/articles/21.md).

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[Chapter VI — Sanctions and monitoring](/tofr/chapters/vi.md) · [← Article 28](/tofr/articles/28.md) · [Article 30 →](/tofr/articles/30.md)