It is prohibited for any undertaking other than those mentioned in article L. 526-1 to use a name, a corporate name, advertising or, in general, expressions that give the impression that it is authorised as an electronic money institution or to create confusion in this respect.
Electronic money issuers may, within the limits of their authorisation, use the services of one or more persons to distribute electronic money on their behalf and carry out the following activities: 1° Putting electronic money into circulation, including reloading electronic money ; 2° Redemption of electronic money. In the absence of a separate cash office supplied by the electronic money issuer for the purpose of carrying out the operations mentioned…
I. – Electronic money issuers that use one or more persons to distribute electronic money within the meaning of Article L. 525-8 shall comply with the regulatory provisions relating to outsourcing. II. – Where an electronic money institution having its registered office in mainland France, Guadeloupe, French Guiana, Martinique, Reunion Island, Mayotte or Saint-Martin wishes to use one or more persons to distribute electronic money within the meaning of Article…
Electronic money issuers shall ensure that the persons referred to in Article L. 525-8 provide customers and the public, by any appropriate means and in a visible and legible manner, with information relating to the corporate name, address and trading name of the electronic money issuer.
Notwithstanding any clause to the contrary, electronic money issuers remain liable to electronic money holders for electronic money distributed by the persons referred to in Article L. 525-8.
For the purposes of Articles L. 511-33, L. 526-35, L. 571-4 and L. 572-17, the persons mentioned in Article L. 525-8 are treated in the same way as persons employed by electronic money issuers.
The conditions for the application of this section are laid down by order of the Minister for the Economy.
Electronic money institutions are legal entities, other than credit institutions and other than the persons mentioned in article L. 525-2, which issue and manage electronic money as defined in article L. 315-1 on a regular professional basis.
In addition to issuing, managing and making available to customers electronic money, electronic money institutions may: 1° Provide payment services as defined in II of Article L. 314-1 in compliance with the legislative and regulatory provisions applicable to the provision of these services; 2° Provide services related to the provision of the payment services referred to in Article L. 522-2 in compliance with the legislative and regulatory provisions applicable to…
Without prejudice to the provisions of Article L. 526-10, electronic money institutions may carry on a commercial activity other than the issuance and management of electronic money or other than the transactions referred to in Article L. 526-2 as a regular occupation, subject to the laws and regulations applicable to that activity. For these electronic money institutions carrying out activities of a hybrid nature, activities other than the issuance and…
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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