Source: OJ L 150, 9.6.2023, pp. 1–39

Article 32 Signalement des infractions

Summary What does Article 32 of the Transfer of funds regulation (TFR) say?

This article addresses whistleblowing and breach reporting, operating on two levels simultaneously.

At the national level, it requires Member States to put in place mechanisms that encourage reporting of breaches to competent authorities.

At the firm level, it requires payment service providers and crypto-asset service providers to establish internal channels through which their employees can report breaches.

This article connects directly to the sanctions framework established in Articles 28 and 29, supporting enforcement by ensuring breaches can be surfaced both internally and to authorities.

Important points:

Member States are required to establish effective mechanisms for reporting breaches to competent authorities, at minimum meeting the standards set out in Article 61(2) of Directive (EU) 2015/849.
Establish internal procedures allowing employees to report breaches through a secure, independent, specific and anonymous channel.
These internal reporting channels must be proportionate to the nature and size of your organisation, and set up in cooperation with competent authorities.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

1. Les États membres mettent en place des mécanismes efficaces pour encourager le signalement aux autorités compétentes des infractions au présent règlement.
2. Ces mécanismes comprennent au moins ceux qui sont visés à l’article 61, paragraphe 2, de la directive (UE) 2015/849.
1. Les prestataires de services de paiement et les prestataires de services sur crypto-actifs mettent en place, en coopération avec les autorités compétentes, des procédures internes appropriées permettant à leurs employés ou aux personnes ayant un statut comparable de signaler en interne les infractions par une voie sécurisée, indépendante, spécifique et anonyme, proportionnée à la nature et à la taille du prestataire de services de paiement ou du prestataire de services sur crypto-actifs concerné.

Table of contents

Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.