funds

Definition of funds from Regulation (EU) 2023/1113, Article 3, point (8).

Defined term	funds
Source	ToFR
Reference	Article 3, point (8)
Status	Published
Refresh rule	Regenerate after source legal-text changes

Definition

1. 'funds' means funds as defined in Article 4, point (25), of Directive (EU) 2015/2366;

Source

ToFR, Article 3, point (8).

Imported Definition

ToFR imports this definition from PSD2.

(25) 'funds' means banknotes and coins, scriptural money or electronic money as defined in point (2) of Article 2 of Directive 2009/110/EC;

Open PSD2 definition page

Definition Chain

1. ToFR Article 3, point (8)
2. PSD2 Article 4, point (25)
3. EMD2 Article 2, point (2)

Used In ToFR

• Article 1 — Subject matter
• Article 2 — Scope
• Article 10 — Retention of information on the payer and the payee accompanying the transfer
• Article 11 — Detection of missing information (intermediary PSPs)
• Article 12 — Transfers of funds with missing information (intermediary PSPs)
• Article 13 — Assessment and reporting (intermediary PSPs)
• Article 4 — Information accompanying transfers of funds
• Article 5 — Transfers of funds within the Union
• Article 6 — Transfers of funds to outside the Union
• 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
• Article 23 — Internal policies, procedures and controls to ensure implementation of restrictive measures
• Article 37 — Review
• Article 25 — Data protection
• Article 29 — Specific provisions
• Article 35 — Agreements with countries and territories which do not form part of the territory of the Union
• Article 38 — Amendments to Directive (EU) 2015/849