http://www.legislation.gov.uk/eur/2006/1781/chapter/IIIRegulation (EC) No 1781/2006 of the European Parliament and of the Council of 15 November 2006 on information on the payer accompanying transfers of funds (Text with EEA relevance)Regulation (EC) No 1781/2006 of the European Parliament and of the CouncilRegulation (EC) No 1781/2006 of the European Parliament and of the Council of 15 November 2006 on information on the payer accompanying transfers of funds (Text with EEA relevance)2020-12-13King's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02006R1781-20061228texttext/xmlen2006-12-28CHAPTER IIIOBLIGATIONS ON THE PAYMENT SERVICE PROVIDER OF THE PAYEE
Article 8Detection of missing information on the payer

The payment service provider of the payee shall detect whether, in the messaging or payment and settlement system used to effect a transfer of funds, the fields relating to the information on the payer have been completed using the characters or inputs admissible within the conventions of that messaging or payment and settlement system. Such provider shall have effective procedures in place in order to detect whether the following information on the payer is missing:

(a)

for transfers of funds where the payment service provider of the payer is situated in the Community, the information required under Article 6;

(b)

for transfers of funds where the payment service provider of the payer is situated outside the Community, complete information on the payer as referred to in Article 4, or where applicable, the information required under Article 13;

and

(c)

for batch file transfers where the payment service provider of the payer is situated outside the Community, complete information on the payer as referred to in Article 4 in the batch file transfer only, but not in the individual transfers bundled therein.

Article 9Transfers of funds with missing or incomplete information on the payer1

If the payment service provider of the payee becomes aware, when receiving transfers of funds, that information on the payer required under this Regulation is missing or incomplete, it shall either reject the transfer or ask for complete information on the payer. In any event, the payment service provider of the payee shall comply with any applicable law or administrative provisions relating to money laundering and terrorist financing, in particular, Regulations (EC) No 2580/2001 and (EC) No 881/2002, Directive 2005/60/EC and any national implementing measures.

2

Where a payment service provider regularly fails to supply the required information on the payer, the payment service provider of the payee shall take steps, which may initially include the issuing of warnings and setting of deadlines, before either rejecting any future transfers of funds from that payment service provider or deciding whether or not to restrict or terminate its business relationship with that payment service provider.

The payment service provider of the payee shall report that fact to the authorities responsible for combating money laundering or terrorist financing.

Article 10Risk-based assessment

The payment service provider of the payee shall consider missing or incomplete information on the payer as a factor in assessing whether the transfer of funds, or any related transaction, is suspicious, and whether it must be reported, in accordance with the obligations set out in Chapter III of Directive 2005/60/EC, to the authorities responsible for combating money laundering or terrorist financing.

Article 11Record keeping

The payment service provider of the payee shall for five years keep records of any information received on the payer.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<portion includedIn="http://www.legislation.gov.uk/id/eur/2006/1781">
<meta>
<identification source="#source">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/eur/2006/1781"/>
<FRBRuri value="http://www.legislation.gov.uk/id/eur/2006/1781"/>
<FRBRdate date="2006-11-15" name="adopted"/>
<FRBRauthor href="http://publications.europa.eu/resource/authority/corporate-body/OP_DATPRO"/>
<FRBRcountry value="EU"/>
<FRBRnumber value="1781"/>
<FRBRname value="Regulation (EU) 2006/1781"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/eur/2006/1781/chapter/III"/>
<FRBRuri value="http://www.legislation.gov.uk/eur/2006/1781"/>
<FRBRdate date="2006-12-28" name="validFrom"/>
<FRBRauthor href="#source"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/eur/2006/1781/data.akn"/>
<FRBRdate date="2024-11-16Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<lifecycle source="#source">
<eventRef date="2006-11-15" type="generation" eId="enacted-date" source="#source"/>
<eventRef date="2006-11-15" type="amendment" source="#source"/>
<eventRef date="2006-11-15" eId="effective-date-1" source="#source"/>
<eventRef date="2006-12-28" eId="effective-date-2" source="#source"/>
</lifecycle>
<analysis source="#source">
<restrictions source="#source">
<restriction refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#d4e591" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#article-8" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#article-9" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#article-10" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#article-11" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#chapter-III" refersTo="#e+w+s+ni" type="jurisdiction"/>
</restrictions>
</analysis>
<temporalData source="#source">
<temporalGroup eId="period1">
<timeInterval start="#effective-date-1" refersTo="#period-concept1"/>
</temporalGroup>
<temporalGroup eId="period2">
<timeInterval start="#effective-date-2" refersTo="#period-concept2"/>
</temporalGroup>
</temporalData>
<references source="#source">
<TLCOrganization eId="source" href="http://www.legislation.gov.uk/id/publisher/KingsOrQueensPrinterOfActsOfParliament" showAs="King's Printer of Acts of Parliament"/>
<passiveRef href="http://www.legislation.gov.uk/id/eur/2015/847" showAs="Regulation (EU) 2015/847 of the European Parliament and of the Council of 20 May 2015 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006 (Text with EEA relevance)"/>
<TLCLocation eId="e+w+s+ni" href="/ontology/jurisdictions/uk.EnglandWalesScotlandNorthernIreland" showAs="England, Wales, Scotland, Northern Ireland"/>
<TLCConcept eId="period-concept1" href="/ontology/time/2006.11.15" showAs="since 2006-11-15"/>
<TLCConcept eId="period-concept2" href="/ontology/time/2006.12.28" showAs="since 2006-12-28"/>
</references>
<proprietary xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" source="#source">
<ukl:RestrictStartDate value="2006-12-28"/>
<dc:identifier>http://www.legislation.gov.uk/eur/2006/1781/chapter/III</dc:identifier>
<dc:title>Regulation (EC) No 1781/2006 of the European Parliament and of the Council of 15 November 2006 on information on the payer accompanying transfers of funds (Text with EEA relevance)</dc:title>
<dct:alternative>Regulation (EC) No 1781/2006 of the European Parliament and of the Council</dct:alternative>
<dc:description>Regulation (EC) No 1781/2006 of the European Parliament and of the Council of 15 November 2006 on information on the payer accompanying transfers of funds (Text with EEA relevance)</dc:description>
<dc:modified>2020-12-13</dc:modified>
<dc:publisher>King's Printer of Acts of Parliament</dc:publisher>
<dc:source>https://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02006R1781-20061228</dc:source>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dct:valid>2006-12-28</dct:valid>
<atom:link rel="self" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/eur/2006/1781/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/eur/2006/1781" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/eur/2006/1781/introduction" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/signature" href="http://www.legislation.gov.uk/eur/2006/1781/signature" title="signature"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/eur/2006/1781/body" title="body"/>
<atom:link rel="http://www.legislation.gov.uk/def/date/euexitday" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/2020-01-31" title="2020-01-31"/>
<atom:link rel="http://www.legislation.gov.uk/def/date/euexitTransitionEnd" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/2020-12-31" title="2020-12-31"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/eur/2006/1781/contents" title="Table of Contents"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/adopted" title="adopted"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/III/2006-11-15" title="2006-11-15"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/eur/2006/1781" title="Entire legislation"/>
<atom:link rel="prev" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/II" title="Chapter; Chapter II"/>
<atom:link rel="prevInForce" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/II" title="Chapter; Chapter II"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/IV" title="Chapter; Chapter IV"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/eur/2006/1781/chapter/IV" title="Chapter; Chapter IV"/>
<ukm:EUMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="euretained"/>
<ukm:DocumentMainType Value="EuropeanUnionRegulation"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="2006"/>
<ukm:Number Value="1781"/>
<ukm:EURLexIdentifiers>
<ukm:Cellar Value="c6cb1ac5-3718-461d-a15d-103c6e890a20"/>
<ukm:ELI Value="reg:2006:1781:2006-12-28"/>
<ukm:CELEX Value="02006R1781-20061228"/>
</ukm:EURLexIdentifiers>
<ukm:EnactmentDate Date="2006-11-15"/>
<ukm:EURLexModified Date="2019-11-07T08:44:18Z"/>
<ukm:EURLexExtracted Date="2019-11-07T13:19:02Z"/>
<ukm:XMLGenerated Date="2020-12-12T16:09:52Z"/>
<ukm:XMLImported Date="2020-12-13T01:44:18Z"/>
<ukm:CreatedBy Label="Provisional data" URI="http://publications.europa.eu/resource/authority/corporate-body/OP_DATPRO"/>
<ukm:UnappliedEffects>
<ukm:UnappliedEffect Row="1" AffectingClass="EuropeanUnionRegulation" Created="2020-12-13T01:44:45Z" AffectedNumber="1781" AffectedURI="http://www.legislation.gov.uk/id/eur/2006/1781" AffectingNumber="847" RequiresApplied="true" Type="repeal" AffectingURI="http://www.legislation.gov.uk/id/eur/2015/847" AffectingProvisions="Regulation" AffectingYear="2015" URI="http://www.legislation.gov.uk/id/effect/upload-08pwc7c4-1" AffectedYear="2006" AffectedProvisions="Regulation" EffectId="key-ad096c0f1640661dc737f8dfd85151b1" AffectedClass="EuropeanUnionRegulation" Modified="2020-12-13T01:44:45Z">
<ukm:AffectedTitle>Regulation (EC) No 1781/2006 of the European Parliament and of the Council of 15 November 2006 on information on the payer accompanying transfers of funds (Text with EEA relevance)</ukm:AffectedTitle>
<ukm:AffectedProvisions>Regulation</ukm:AffectedProvisions>
<ukm:AffectingTitle>Regulation (EU) 2015/847 of the European Parliament and of the Council of 20 May 2015 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006 (Text with EEA relevance)</ukm:AffectingTitle>
<ukm:AffectingProvisions>Regulation</ukm:AffectingProvisions>
<ukm:InForceDates>
<ukm:InForce Date="2015-06-25" Qualification="wholly in force" Applied="false"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
</ukm:UnappliedEffects>
</ukm:EUMetadata>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/eur/2006/1781/pdfs/eur_20061781_adopted_en.pdf" Date="2006-11-15" Size="74272"/>
<ukm:Alternative URI="http://www.legislation.gov.uk/eur/2006/1781/pdfs/eur_20061781_2006-12-28_en.pdf" Date="2006-12-28" Size="75523" Revised="2006-12-28"/>
</ukm:Alternatives>
<ukm:CorrectionSlips>
<ukm:CorrectionSlip URI="http://www.legislation.gov.uk/eur/2006/1781/pdfs/eurcs_20061781_en_001.pdf" Date="2007-12-08" Size="31627"/>
</ukm:CorrectionSlips>
<ukm:Statistics>
<ukm:TotalParagraphs Value="20"/>
<ukm:BodyParagraphs Value="20"/>
<ukm:ScheduleParagraphs Value="0"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<portionBody eId="body" period="#period2">
<chapter eId="chapter-III" period="#period1">
<num>CHAPTER III</num>
<heading>OBLIGATIONS ON THE PAYMENT SERVICE PROVIDER OF THE PAYEE</heading>
<article eId="article-8" period="#period1">
<num>Article 8</num>
<heading>Detection of missing information on the payer</heading>
<content>
<p>The payment service provider of the payee shall detect whether, in the messaging or payment and settlement system used to effect a transfer of funds, the fields relating to the information on the payer have been completed using the characters or inputs admissible within the conventions of that messaging or payment and settlement system. Such provider shall have effective procedures in place in order to detect whether the following information on the payer is missing:</p>
<blockList class="ordered">
<item>
<num>(a)</num>
<p>for transfers of funds where the payment service provider of the payer is situated in the Community, the information required under Article 6;</p>
</item>
<item>
<num>(b)</num>
<p>for transfers of funds where the payment service provider of the payer is situated outside the Community, complete information on the payer as referred to in Article 4, or where applicable, the information required under Article 13;</p>
<p>and</p>
</item>
<item>
<num>(c)</num>
<p>for batch file transfers where the payment service provider of the payer is situated outside the Community, complete information on the payer as referred to in Article 4 in the batch file transfer only, but not in the individual transfers bundled therein.</p>
</item>
</blockList>
</content>
</article>
<article eId="article-9" period="#period1">
<num>Article 9</num>
<heading>Transfers of funds with missing or incomplete information on the payer</heading>
<paragraph eId="article-9-1">
<num>1</num>
<content>
<p>If the payment service provider of the payee becomes aware, when receiving transfers of funds, that information on the payer required under this Regulation is missing or incomplete, it shall either reject the transfer or ask for complete information on the payer. In any event, the payment service provider of the payee shall comply with any applicable law or administrative provisions relating to money laundering and terrorist financing, in particular, Regulations (EC) No 2580/2001 and (EC) No 881/2002, Directive 2005/60/EC and any national implementing measures.</p>
</content>
</paragraph>
<paragraph eId="article-9-2">
<num>2</num>
<content>
<p>Where a payment service provider regularly fails to supply the required information on the payer, the payment service provider of the payee shall take steps, which may initially include the issuing of warnings and setting of deadlines, before either rejecting any future transfers of funds from that payment service provider or deciding whether or not to restrict or terminate its business relationship with that payment service provider.</p>
<p>The payment service provider of the payee shall report that fact to the authorities responsible for combating money laundering or terrorist financing.</p>
</content>
</paragraph>
</article>
<article eId="article-10" period="#period1">
<num>Article 10</num>
<heading>Risk-based assessment</heading>
<content>
<p>The payment service provider of the payee shall consider missing or incomplete information on the payer as a factor in assessing whether the transfer of funds, or any related transaction, is suspicious, and whether it must be reported, in accordance with the obligations set out in Chapter III of Directive 2005/60/EC, to the authorities responsible for combating money laundering or terrorist financing.</p>
</content>
</article>
<article eId="article-11" period="#period1">
<num>Article 11</num>
<heading>Record keeping</heading>
<content>
<p>The payment service provider of the payee shall for five years keep records of any information received on the payer.</p>
</content>
</article>
</chapter>
</portionBody>
</portion>
</akomaNtoso>