S.L. 406.22 Art. 6Storage of information.

(1) Where the requirement for payment service providers laid down in regulation 3 is applicable in accordance with regulation 5, the information shall be kept by the payment service provider in an electronic format for a period of three (3) calendar years, from the end of the calendar year of the date of the respective payment covered by this requirement, and shall contain the following information:

(a) the BIC or any other business identifier code that unambiguously identifies the payment service provider;

(b) the name or business name of the payee, as it appears in the records of the payment service provider;

(c) any available VAT identification number or other national tax number of the payee;

(d) the IBAN or, if the IBAN is not available, any other identifier which unambiguously identifies, and gives the location of the payee;

(e) the BIC or any other business identifier code that unambiguously identifies, and gives the location of, the payment service provider acting on behalf of the payee where the payee receives funds without having any payment account;

(f) any available addresses of the payee as they appear in the records of the payment services provider, including e-mail addresses, IP addresses, and web-page addresses;

(g) the details of any cross-border payment as referred to in regulation 3;

(h) the details of any payment refunds identified as relating to the cross-border payments referred to in paragraph (g).

(2) The information referred to in paragraphs (g) and (h) of sub-regulation (1) shall contain the following details:

(a) the date and time of the payment or of the payment refund; PAYMENT SERVICE PROVIDERS)

(b) the amount and the currency of the payment or of the payment refund;

(c) the Member State of origin of the payment received by or on behalf of the payee, the Member State of destination of the refund, as appropriate, and the information used to determine the origin or the destination of the payment or of the payment refund in accordance with these regulations;

(d) any reference which unambiguously identifies the payment;

(e) where applicable, information that the payment is initiated at the physical premises of the merchant.

(3) Without prejudice to the other provisions of these regulations, sub-regulations (1) and (2) shall not apply where a payment service provider registered in accordance with regulation 4 has no information required to be reported for a calendar quarter in terms of the other provisions of these regulations.