French Monetary and Financial CodeIn force
Section 1: Definitions
Article L526-1
…hich issue and manage electronic money as defined in article L. 315-1 on a regular professional basis.
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Showing 1651–1660 of 15298 articles for “Art. s. 2003 et seq.”
…hich issue and manage electronic money as defined in article L. 315-1 on a regular professional basis.
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.
…ding when they entrust essential or significant operational functions or other tasks to third parties.They shall maintain an adequate level of own funds.The conditions for the application of this arti…
The own funds of an electronic money institution may not be less than the requirements laid down in I of Article L. 526-9 and in the second paragraph of Article L. 526-27.
…ervices mentioned in article L. 518-1, who carry out foreign exchange transactions on a regular basis.However, carrying out manual foreign exchange transactions on an occasional basis or for limited a…
…ing referred to in Article L. 525-5 shall send a declaration to the Autorité de contrôle prudentiel et de résolution. The Autorité de contrôle prudentiel et de résolution has a period set by decree fr…
…ations mentioned in 2°, the provisions relating to over-the-counter operations apply to these persons.
Within a period set by regulation from receipt of the application or, if the application is incomplete, within the same period from receipt of all the information necessary for the decision, the Autor…
…ectronic money institution is subject to prior authorisation by the Autorité de contrôle prudentiel et de résolution.Without prejudice to the penalties that may be imposed by the Autorité de contrôle…
…ulent use of such data. III. - An order of the Minister for the Economy specifies the criteria for determining the minimum amount of professional indemnity insurance or another comparable guarantee me…
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