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FCA Handbook
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issuing electronic money

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issuing electronic money

102 197the activity specified in article 9B of the Regulated Activities Order (Issuing electronic money), which is the activity of issuing electronic money by:

(a) a credit institution, a credit union or a municipal bank; or
(b) a person who is deemed to have been granted authorisation under regulation 74 of the Electronic Money Regulations or who falls within regulation 76(1) of the Electronic Money Regulations.

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