Source: OJ L 150, 9.6.2023, pp. 1–39

Artikel 18 Bedömning och rapportering

Summary What does Article 18 of the Transfer of funds regulation (TFR) say?

This brief but important article connects the information requirements established earlier in the regulation to the broader anti-money laundering framework.

It places an obligation on the beneficiary's crypto-asset service provider to treat missing or incomplete originator or beneficiary information as a red flag when conducting suspicion assessments, and to factor this into decisions about whether to file a report with the Financial Intelligence Unit under Directive (EU) 2015/849.

Important points:

As the crypto-asset service provider of the beneficiary, treat missing or incomplete information on the originator or beneficiary as a factor in assessing whether a transfer is suspicious.
This suspicion assessment covers not just the transfer itself but also any related transaction.
Where a transfer is deemed suspicious, the obligation to report to the FIU is governed by Directive (EU) 2015/849.

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

Mottagarens leverantör av kryptotillgångstjänster ska beakta saknade eller ofullständiga uppgifter om avsändaren eller mottagaren som en faktor när den bedömer om en överföring av kryptotillgångar, eller någon därmed relaterad transaktion, är misstänkt och om den ska rapporteras till FIU i enlighet med direktiv (EU) 2015/849.

Table of contents

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Relevant recitals