Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2024-08-15.

electronic money issuer

  1. (1) 71177(except in DISP, FEES 5.5A, FEES 7A and FEES 7B140128) any of the following persons when they issue electronic money:
    1. (a) authorised electronic money institutions;
    2. (b) small electronic money institutions;
    3. (c) [deleted]137
    4. (d) credit institutions;
    5. (e) the Post Office Limited;
    6. (f) the Bank of England,137 when not acting in its137 capacity as a monetary authority or other public authority;
    7. (g) government departments and local authorities when acting in their capacity as public authorities;
    8. (h) credit unions;
    9. (i) municipal banks;
    10. (j) the National Savings Bank.
    [Note: article 2(3) of the Electronic Money Directive]
  2. (2) (in DISP and FEES 5.5A)68178 as in (1) but:
    1. (a) excluding credit institutions, credit unions and municipal banks; and
    2. (b) including a person who meets the conditions set out in regulation 75(1) or regulation 76(1) of the Electronic Money Regulations.
  3. (3) (in FEES 7A and FEES 7B140) as in (1) but excluding:128
    1. (a) the Bank of England, the European Central Bank and the national central banks of EEA States other than the United Kingdom, when not acting in their capacity as a monetary authority or other public authority; and128
    2. (b) government departments and local authorities when acting in their capacity as public authorities.128