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

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

ToFR, Article 3, point (8).

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

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

• 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