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2008/0190(COD)COM(2008)627

Electronic Money Institutions Directive

proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the taking up, pursuit and prudential supervision of the business of electronic money institutions, amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC

Stage
In force, reached 10 Oct 2009
In force
In force since 30 Oct 2009 · CELEX 32009L0110
Transposition deadline
30 Apr 2011
Procedure
Directive · Ordinary legislative procedure
Last activity
30 Oct 2009
11 documents

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Summary

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Directive 2009/110/EC sets prudential rules for issuing electronic money, applying from 30 April 2011 and repealing Directive 2000/46/EC. It requires e-money institutions to hold EUR 350,000 initial capital and own funds of at least 2% of average outstanding e-money. Member States may waive rules for issuers below EUR 5 million in outstanding e-money.

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Sources: EP Legislative Observatory · EU Law Tracker · EUR-Lex. Record as of 12 Oct 2026. Something wrong on this page? Report an error.

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