Directive 2006/48/EC is hereby amended as follows:
1. Article 4 is amended as following:
(a) point 1 is replaced by the following:
'1. "credit institution" means an undertaking the business of which is to receive deposits or other repayable funds from the public and to grant credits for its own account;'
(b) point 5 is replaced by the following:
'5. "financial institution" means an undertaking other than a credit institution, the principal activity of which is to acquire holdings or to pursue one or more of the activities listed in points 2 to 12 and 15 of Annex I.';
2. the following point is added to Annex I:
'15. Issuing electronic money.'.