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Wire Transfer Regulation (recast) In force since 26 June 2017

Regulation (EU) 2015/847 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006
32015R0847 · official text on EUR-Lex

Articles

Chapter I SUBJECT MATTER, SCOPE AND DEFINITIONS

• Article 1 — Subject matter
• Article 2 — Scope
• Article 3 — Definitions

Chapter II OBLIGATIONS ON PAYMENT SERVICE PROVIDERS

Section 1 Obligations on the payment service provider of the payer

• Article 4 — Information accompanying transfers of funds
• Article 5 — Transfers of funds within the Union
• Article 6 — Transfers of funds to outside the Union

Section 2 Obligations on the payment service provider of the payee

• Article 7 — Detection of missing information on the payer or the payee
• Article 8 — Transfers of funds with missing or incomplete information on the payer or the payee
• Article 9 — Assessment and reporting

Section 3 Obligations on intermediary payment service providers

• Article 10 — Retention of information on the payer and the payee with the transfer
• Article 11 — Detection of missing information on the payer or the payee
• Article 12 — Transfers of funds with missing information on the payer or the payee
• Article 13 — Assessment and reporting

Chapter III INFORMATION, DATA PROTECTION AND RECORD-RETENTION

• Article 14 — Provision of information
• Article 15 — Data protection
• Article 16 — Record retention

Chapter IV SANCTIONS AND MONITORING

• Article 17 — Administrative sanctions and measures
• Article 18 — Specific provisions
• Article 19 — Publication of sanctions and measures
• Article 20 — Application of sanctions and measures by the competent authorities
• Article 21 — Reporting of breaches
• Article 22 — Monitoring

Chapter V IMPLEMENTING POWERS

• Article 23 — Committee procedure

Chapter VI DEROGATIONS

• Article 24 — Agreements with countries and territories which do not form part of the territory of the Union
• Article 25 — Guidelines

Chapter VII FINAL PROVISIONS

• Article 26 — Repeal of Regulation (EC) No 1781/2006
• Article 27 — Entry into force