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Directive 2009/110/EC - E-Money Directive (EMD2)RecitalsTitle I Scope and definitions (arts. 1-2)Article 1 Subject matter and scopeArticle 2 DefinitionsTitle II Requirements for the taking up, pursuit and prudential supervision of the business of electronic money institutions (arts. 3-9)Article 3 General prudential rulesArticle 4 Initial capitalArticle 5 Own fundsArticle 6 ActivitiesArticle 7 Safeguarding requirementsArticle 8 Relations with third countriesArticle 9 Optional exemptionsTitle III Issuance and redeemability of electronic money (arts. 10-13)Article 10 Prohibition from issuing electronic moneyArticle 11 Issuance and redeemabilityArticle 12 Prohibition of interestArticle 13 Out-of-court complaint and redress procedures for the settlement of disputesTitle IV Final Provisions and implementing measures (arts. 14-24)Article 14 Implementing measuresArticle 15 Committee procedureArticle 16 Full harmonisationArticle 17 ReviewArticle 18 Transitional provisionsArticle 19 Amendments to Directive 2005/60/ECArticle 20 Amendments to Directive 2006/48/ECArticle 21 RepealArticle 22 TranspositionArticle 23 Entry into forceArticle 24 AddresseesDone at
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AI Summary of Directive 2009/110/EC - E-Money Directive (EMD2)

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Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Published date: 10 October 2009

Directive 2009/110/EC - E-Money Directive (EMD2)

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Recitals
Title I Scope and definitions (arts. 1-2)
Article 1 Subject matter and scope
Article 2 Definitions
Title II Requirements for the taking up, pursuit and prudential supervision of the business of electronic money institutions (arts. 3-9)
Article 3 General prudential rules
Article 4 Initial capital
Article 5 Own funds
Article 6 Activities
Article 7 Safeguarding requirements
Article 8 Relations with third countries
Article 9 Optional exemptions
Title III Issuance and redeemability of electronic money (arts. 10-13)
Article 10 Prohibition from issuing electronic money
Article 11 Issuance and redeemability
Article 12 Prohibition of interest
Article 13 Out-of-court complaint and redress procedures for the settlement of disputes
Title IV Final Provisions and implementing measures (arts. 14-24)
Article 14 Implementing measures
Article 15 Committee procedure
Article 16 Full harmonisation
Article 17 Review
Article 18 Transitional provisions
Article 19 Amendments to Directive 2005/60/EC
Article 20 Amendments to Directive 2006/48/EC
Article 21 Repeal
Article 22 Transposition
Article 23 Entry into force
Article 24 Addressees
Done at
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