Article 3 — General prudential rules — compare
Showing 3 of 3Release 10 Nov 2026Details
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- Release 2d86bd12 published 10 Nov 2026, 17:06 CET. Verified against EUR-Lex on 9 Nov 2026.
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- 10 October 2009 · Original act (Official Journal of 10 October 2009) · Verified 9 Nov 2026 · Official source
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- 11 November 2026 · Consolidated version of 13 January 2018 · Verified 9 Nov 2026 · Official source
1.Without prejudice to this Directive, ArticlesArticle 5, Articles 11 and 10 to 1517, Article 1719(75) and (6) and Articles 1820 to 2531 of Directive 2007/64(EU) 2015/EC2366 of the European Parliament and of the Council, including the delegated acts adopted under Article 15(4), Article 28(5) and Article 29(7) thereof, shall apply to electronic money institutions mutatis mutandis.
4.Member States shall allow electronic money institutions to distribute and redeem electronic money through natural or legal persons which act on their behalf. Where the electronic money institution wishes to distributedistributes electronic money in another Member State by engaging such a natural or legal person, it shall follow the procedure set out inArticles 27 to 31, with exception of Article 25 29(4) and (5), of Directive 2007/64(EU) 2015/EC2366, including the delegated acts adopted in accordance with Article 28(5) and Article 29(7) thereof, shall apply mutatis mutandis to such electronic money institution.
5.Notwithstanding paragraph 4 of this Article, electronic money institutions shall not issue electronic money through agents. Electronic money institutions shall be allowed to provide payment services referred to in point (a) of Article 6(1)(a) of this Directive through agents only ifsubject to the conditions laid down in Article 1719 of Directive 2007/64/EC are met(EU) 2015/2366.