<!-- headlesslaw {"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2023-06-09","gaps":[],"covered":["ToFR L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/tofr/recitals/12","url":"https://www.headlesslaw.com/tofr/recitals/12","title":"Recital 12","family":"l1_recital_view","work_id":"tofr","view_of":"/tofr/recitals","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-02","applies_from":null,"application":null,"version_label":"Regulation (EU) 2023/1113, OJ L 150, 9.6.2023","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg/2023/1113/oj/eng","valid_from":"2023-06-09","valid_until":null,"content_id":"2a4ad11d0c552bd1","versions":["2023-06-09"],"version_url":"https://www.headlesslaw.com/tofr/recitals/12/versions/2023-06-09","revision_url":"https://www.headlesslaw.com/tofr/recitals/12/versions/2023-06-09/rev/2a4ad11d0c552bd1","versions_url":"https://www.headlesslaw.com/tofr/recitals/12/versions","relations_url":"https://www.headlesslaw.com/tofr/recitals/12/relations","act_url":"https://www.headlesslaw.com/tofr/recitals","source_line":null,"attribution":null,"context":{"act":{"work_id":"tofr","path":"/tofr/recitals","name":"ToFR","number":"Regulation (EU) 2023/1113","celex":"32023R1113","title_official":null,"document_date":null},"position":{"kind":"recital","key":"12","index":12,"articles":65,"annexes":0},"prev":{"path":"/tofr/recitals/11","key":"11","title":"Recital 11"},"next":{"path":"/tofr/recitals/13","key":"13","title":"Recital 13"},"act_anchor":""}}} -->
# Recital 12

*In force · Regulation (EU) 2023/1113, OJ L 150, 9.6.2023 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg/2023/1113/oj/eng)*

This Regulation is not intended to impose unnecessary burdens or costs on payment service providers, crypto-asset service providers or persons who use their services. In that regard, the preventive approach should be targeted and proportionate and should be in full compliance with the free movement of capital, which is guaranteed throughout the Union.