9 Amendments of Hans-Peter MARTIN related to 2013/0024(COD)
Amendment 89 #
Proposal for a regulation
Article 6 – paragraph 2 – subparagraph 2
Article 6 – paragraph 2 – subparagraph 2
This information need not be verified for accuracy, unless there is a suspicion of money laundering or terrorist financing or there is evidence of a connection to other transfers of funds that exceed EUR 1 000 when combined with the money transfer in question.
Amendment 97 #
Proposal for a regulation
Article 7 – paragraph 4
Article 7 – paragraph 4
4. For transfers amounting to EUR 1 000 or less, where the payment service provider of the payer is established outside the Union, the payment service provider of the payee need not verify the information pertaining to the payee, unless there is a suspicion of money laundering or terrorist financing or there is evidence of a connection to other transfers of funds that exceed EUR 1 000 when combined with the money transfer in question.
Amendment 103 #
Proposal for a regulation
Article 8 – paragraph 2 – subparagraph 1
Article 8 – paragraph 2 – subparagraph 1
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 restricting or terminateing its business relationship with that payment service provider.
Amendment 109 #
Proposal for a regulation
Article 12 – paragraph 1 – subparagraph 2
Article 12 – paragraph 1 – subparagraph 2
If the intermediary payment service provider becomes aware, when receiving transfers of funds, that information on the payer and the payee required under Articles 4(1) and (2), 5(1) and 6 is missing or incomplete, it shall either reject the transfer or ask for complete information on the payer and the payee and review the information subsequently provided before carrying out the transfer of funds.
Amendment 111 #
Proposal for a regulation
Article 12 – paragraph 2 – subparagraph 1
Article 12 – paragraph 2 – subparagraph 1
Where a payment service provider regularly fails to supply the required information on the payer, the intermediary payment service provider 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 restricting or terminateing its business relationship with that payment service provider.
Amendment 119 #
Proposal for a regulation
Article 18 – paragraph 2 – point e
Article 18 – paragraph 2 – point e
(e) in case of a legal person, administrative pecuniary sanctions of up to 120 % of the total annual turnover of that legal person in the preceding business year; where the legal person is a subsidiary of a parent undertaking, the relevant total annual turnover shall be the total annual turnover resulting from the consolidated account of the ultimate parent undertaking in the preceding business year;
Amendment 122 #
Proposal for a regulation
Article 19 – paragraph 2
Article 19 – paragraph 2
Amendment 125 #
Proposal for a regulation
Article 20 – paragraph 1 – point c
Article 20 – paragraph 1 – point c
(c) the financial strength of the responsible natural or legal person, as indicated by the total turnover of the responsible legal person or the annual income and assets of the responsible natural person;,
Amendment 126 #
Proposal for a regulation
Article 21 – paragraph 1
Article 21 – paragraph 1
1. Member States shall establish effective mechanisms to encourage reporting of breaches of the provisions of this Regulation to competent authorities and sanction the failure to report known breaches.