1. Irish Financial Services Law
  2. Legislation (IE)
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  4. 2002
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  1. European Communities (Electronic Money) Regulations, 2002 [S.I. No. 221 of 2002]
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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Published date: 29 May 2002

European Communities (Electronic Money) Regulations, 2002 [S.I. No. 221 of 2002]

Consolidation Status: Updated to reflect all known changes
Comparing proposed amendment...
Introductory Text
Part 1 Preliminary and general (regs. 1-5)
Revoked
 Regulation 1 Citation
Revoked
 Regulation 2 Interpretation
Revoked
 Regulation 3 Extension of meaning of "credit institution" in certain Regulations
Revoked
 Regulation 4 Disclosure by Bank
Revoked
 Regulation 5 Entry into force and transitional provisions
Part 2 E-money and electronic money institutions (regs. 6-11)
Revoked
 Regulation 6 Issue of e-money
Revoked
 Regulation 7 Status and activities of electronic money institutions
Revoked
 Regulation 8 Prohibition on issuance of e-money at discount
Revoked
 Regulation 9 Treatment of sums received in exchange for e-money
Revoked
 Regulation 10 Limit to amount that can be issued as e-money
Revoked
 Regulation 11 Redeemability
Part 3 Authorisation and general supervision of electronic money institutions (regs. 12-19)
Revoked
 Regulation 12 Authorisation to become an electronic money institution
Revoked
 Regulation 13 Supervision, etc, by Bank of electronic money institutions authorised in the State
Revoked
 Regulation 14 Publication of names and notices of revocation of authorisations
Revoked
 Regulation 15 Establishment of branch in another Member State
Revoked
 Regulation 16 Provision of services into another Member State other than by branch establishment
Revoked
 Regulation 17 Non-compliance in another Member State
Revoked
 Regulation 18 Management
Revoked
 Regulation 19 Waiver
Part 4 Financial requirements, exposure and market risks (regs. 20-25)
Revoked
 Regulation 20 Initial capital and ongoing own funds requirement
Revoked
 Regulation 21 Investment of funds
Revoked
 Regulation 22 Statement of compliance
Revoked
 Regulation 23 Large exposure
Revoked
 Regulation 24 Market risks
Revoked
 Regulation 25 Accounts
Part 5 Mergers (reg. 26)
Revoked
 Regulation 26 Mergers etc
Part 6 Revocation of authorisation, winding up and dissolution of electronic money institutions (regs. 27-33)
Revoked
 Regulation 27 Revocation of authorisation
Revoked
 Regulation 28 Provisions supplemental to Regulation 27
Revoked
 Regulation 29 Winding up petition, etc
Revoked
 Regulation 30 Notices, documents to be sent to Bank relating to winding up or dissolution
Revoked
 Regulation 31 Right of Bank to be represented at meetings, etc
Revoked
 Regulation 33 Provisions concerning appeals
Revoked
 Regulation 32 Construing of references to winding up, etc
Part 7 Electronic money institutions authorised outside the State (regs. 34-41)
Revoked
 Regulation 41 Direction by Bank to cease business
Revoked
 Regulation 40 Provisions as to non-compliance in the State by electronic money institution authorised in another Member State
Revoked
 Regulation 39 Change in information provided under Regulation 37
Revoked
 Regulation 38 Investigations by competent authorities from other Member States
Revoked
 Regulation 37 Establishment in the State of branch of an electronic money institution authorised in another Member State
Revoked
 Regulation 36 Notification by electronic money institutions
Revoked
 Regulation 34 Application to electronic money institutions authorised outside the State
Revoked
 Regulation 35 Supervision by Bank of electronic money institutions authorised outside the State
Part 8 Offences and penalties (regs. 42-46)
Revoked
 Regulation 46 Prosecution by Bank
Revoked
 Regulation 45 Continuation of contravention of Regulations
Revoked
 Regulation 44 Offences by bodies corporate
Revoked
 Regulation 43 Provision of false information, etc
Revoked
 Regulation 42 Offences
Given under
Explanatory Note
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