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Chapter 1 Payment institutions (arts. 5-34)

Comparing proposed amendment...
Section 1 General rules (arts. 5-18)
Amended
Article 5 Applications for authorisation
Entered into force
Article 6 Control of the shareholding
Entered into force
Article 7 Initial capital
Entered into force
Article 8 Own funds
Entered into force
Article 9 Calculation of own funds
Amended
Article 10 Safeguarding requirements
Entered into force
Article 11 Granting of authorisation
Entered into force
Article 12 Communication of the decision
Entered into force
Article 13 Withdrawal of authorisation
Entered into force
Article 14 Registration in the home Member State
Entered into force
Article 15 EBA register
Entered into force
Article 16 Maintenance of authorisation
Entered into force
Article 17 Accounting and statutory audit
Entered into force
Article 18 Activities
Section 2 Other requirements (arts. 19-21)
Amended
Article 19 Use of agents, branches or entities to which activities are outsourced
Entered into force
Article 20 Liability
Entered into force
Article 21 Record-keeping
Section 3 Competent authorities and supervision (arts. 22-31)
Entered into force
Article 22 Designation of competent authorities
Entered into force
Article 23 Supervision
Entered into force
Article 24 Professional secrecy
Entered into force
Article 25 Right to apply to the courts
Entered into force
Article 26 Exchange of information
Entered into force
Article 27 Settlement of disagreements between competent authorities of different Member States
Entered into force
Article 28 Application to exercise the right of establishment and freedom to provide services
Entered into force
Article 29 Supervision of payment institutions exercising the right of establishment and freedom to provide services
Entered into force
Article 30 Measures in case of non-compliance, including precautionary measures
Entered into force
Article 31 Reasons and communication
Section 4 Exemption (arts. 32-34)
Entered into force
Article 32 Conditions
Entered into force
Article 33 Account information service providers
Entered into force
Article 34 Notification and information