# Article 29 — Specific provisions

**Source:** [Regulation (EU) 2023/1113 — EUR-Lex](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023R1113)

Member States shall ensure that their administrative sanctions and measures include at least those laid down in Article 59(2) and (3) of Directive (EU) 2015/849 in the event of the following breaches of this Regulation:

```
1. repeated or systematic failure by a payment service provider to accompany the transfer of funds with the required information on the payer or the payee, in breach of Article 4, 5 or 6, or by a crypto-asset service provider to accompany the transfer of crypto-assets with the required information on the originator and beneficiary, in breach of Article 14 or 15;
1. repeated, systematic or serious failure by a payment service provider or crypto-asset service provider to retain records, in breach of Article 26;
1. failure by a payment service provider to implement effective risk-based procedures, in breach of Article 8 or 12, or by a crypto-asset service provider to implement effective risk-based procedures, in breach of Article 17;
1. serious failure by an intermediary payment service provider to comply with Article 11 or 12 or by an intermediary crypto-asset service provider to comply with Article 19, 20 or 21.
```

## What this means in practice

Article 29 identifies the **four breach categories that trigger the heightened AMLD5 sanctions schedule** ([AMLD5 Art. 59(2)–(3)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32015L0849)). For legal persons that means up to the higher of **EUR 5 000 000** or **10% of total annual turnover**. For natural persons, up to **EUR 5 000 000**.

The four trigger categories, in plain English:

1. **Repeated or systematic failure to attach Travel Rule data** (Arts. 14 or 15 for CASPs; Arts. 4–6 for PSPs).
2. **Repeated, systematic or serious failure to retain records** (Art. 26).
3. **Failure to implement effective risk-based procedures** (Art. 17 for CASPs of the beneficiary; Arts. 8/12 for PSPs).
4. **Serious failure** by an intermediary CASP to comply with retention, detection or risk-based procedures (Arts. 19, 20 or 21).

Note the qualifiers: **"repeated"** or **"systematic"** or **"serious"** — one-off, isolated failures normally fall under the lower AMLD5 sanctions ceiling but can still attract administrative action.


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