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Showing 9011–9020 of 61024 articles for “Art. L 451-1”
I. - At the time of authorisation, electronic money institutions must have paid-up capital of at least an amount set by regulation.II. - The head office of any electronic money institution must be loc…
Each payment institution is required to join a professional body affiliated to the French Association of Credit Institutions and Investment Firms mentioned in Article L. 511-29.
Without prejudice to the provisions of Article L. 526-10, electronic money institutions may carry on a commercial activity other than the issuance and management of electronic money or other than the…
Accounts opened by electronic money institutions in connection with the provision of payment services shall comply with the laws and regulations applicable to accounts and payment transactions.
I. - Without prejudice to the provisions of III of Article L. 522-8, payment institutions may engage in an activity other than the provision of payment services on a regular basis, subject to the legi…
I. - Accounts opened by payment institutions are payment accounts that are used exclusively for payment transactions. This exclusive purpose must be expressly provided for in the framework payment ser…
Each electronic money institution is required to join a professional body affiliated to the French Association of Credit Institutions and Investment Firms mentioned in Article L. 511-29.
Funds representing electronic money collected by electronic money institutions for the purpose of issuing and managing electronic money do not constitute funds repayable by the public within the meani…
The conditions for the application of articles L. 526-14 to L. 526-18, in particular the procedures for informing the public of decisions to withdraw authorisation and deregister, are set by order of…
I. - In order to grant authorisation, the Autorité de contrôle prudentiel et de résolution shall ensure that, taking into account the need to guarantee the sound and prudent management of the electron…
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