{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2022-02-11","gaps":[],"covered":["EBA Q&A 2019_4874 — Q&A — Roles that can be assigned to electronic money [Rejected question] L3"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"the EBA publication"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions","url":"https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions","title":"EBA Q&A 2019_4874 — Q&A — Roles that can be assigned to electronic money [Rejected question]","family":"l3","work_id":"spaces/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions","status":"rejected question","force_status":null,"date_state":"current","requested_date":null,"as_of":"2026-11-02","applies_from":null,"application":null,"version_label":"EBA Q&A register, 11 February 2022","check":{"against":"the EBA publication","on":"2026-10-26"},"check_result":"matched","official_url":"https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2019_4874","valid_from":"0001-01-01","valid_until":null,"revision":1,"content_id":"96c5b70bb76aea1d","change_date":null,"nearest_versions":["2022-02-11"],"first_text_date":null,"correction_applies":false,"versions":["2022-02-11"],"version_url":"https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions/versions/2022-02-11","revision_url":"https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions/versions/2022-02-11/rev/96c5b70bb76aea1d","versions_url":"https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions/versions","relations_url":"https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions/relations","source_line":"Question published in the EBA Q&A tool · no answer · not legislation · published 11 Feb 2022 [Rejected question]","attribution":{"prepared_by":"not stated in the document","published_by":"EBA","published_in":"EBA Single Rulebook Q&A tool","document_type":"qa_question","legal_nature":"not_legislation","addressees":"not stated in the document","dates":{"published_on":"2022-02-11","question_submitted_on":"2019-08-15","locators":{"published_on":"EBA Q&A register entry 2019_4874, field 'Rejected publishing date'","question_submitted_on":"EBA Q&A register entry 2019_4874, field 'Submission date'"}},"adoption":null}},"provenance":{"official_url":"https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2019_4874","check":{"result":"matched","checked_at":"2026-10-26","against":"the EBA publication"},"repo_path":"spaces/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions.md","body_sha256":"0ab74a56b9ad59549c85df27b812312d15503953c3a1546f37ca471b8289ec6d"},"units":[],"markdown":"---\ntitle: \"EBA Q&A 2019_4874 — Q&A — Roles that can be assigned to electronic money [Rejected question]\"\nshortTitle: \"EBA Q&A 2019_4874 — Q&A — Roles that can be assigned to electronic money [Rejected question]\"\nanswer_id: EBA_QA_2019_4874\nstatus: \"Rejected question\"\ntype: qa\ninstrument_type: qa\nauthority: EBA\nbinding: false\nbinding_character: non_binding\nlegal_status: withdrawn\nregulation: \"PSD2\"\npsd2_level3: true\nmica_level2: false\nlegal_basis: \"Article 11(1) PSD2\"\ndate: 11 February 2022\nsource_link: https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2019_4874\nlifecycle: \"Rejected question\"\ntext_version: \"EBA Q&A register, 11 February 2022\"\nsource_url: \"https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2019_4874\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\nchecked_against: \"the EBA publication\"\nsource:\n  prepared_by: \"not stated in the document\"\n  published_by: \"EBA\"\n  published_in: \"EBA Single Rulebook Q&A tool\"\n  evidence:\n    prepared_by: \"Other\"\n    locator: \"EBA Q&A register entry 2019_4874: no answer; the register names only the 'Type of submitter'\"\ndocument_type: \"qa_question\"\nlegal_nature: \"not_legislation\"\naddressees: \"not stated in the document\"\ndates:\n  published_on: \"2022-02-11\"\n  question_submitted_on: \"2019-08-15\"\n  locators:\n    published_on: \"EBA Q&A register entry 2019_4874, field 'Rejected publishing date'\"\n    question_submitted_on: \"EBA Q&A register entry 2019_4874, field 'Submission date'\"\nlifecycle_label: \"Rejected question\"\n---\n\n**Question published in the EBA Q&A tool · no answer · not legislation · published 11 Feb 2022 [Rejected question]**\n\n*Rejected question · EBA Q&A register, 11 February 2022 · Checked against the EBA publication on 26 Oct 2026 · [Official source](https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2019_4874)*\n\n| | |\n|---|---|\n| **Full title** | EBA Q&A 2019_4874 — Q&A — Roles that can be assigned to electronic money \\[Rejected question\\] |\n| **Prepared by** | Not stated in the document |\n| **Published by** | EBA, in the EBA Single Rulebook Q&A tool |\n| **Reference** | EBA_QA_2019_4874 |\n| **Document type** | Q&A |\n| **Legal nature** | No answer · not legislation |\n| **Addressees** | Not stated in the document |\n| **Dates** | Published 11 February 2022; question submitted 15 August 2019 |\n| **Legal basis** | Article 11(1) PSD2 |\n| **Related instruments** | None recorded |\n| **Text on this page** | Word for word — the full text of the EBA publication |\n\n**Roles that can be assigned to electronic money institutions in certificates**\n\n### Question\n\nPlease clarify which roles may be assigned to electronic money institutions (EU 2015/2366 Art 1(1) b) by qualified trust service providers (QTSPs) in the certificates. There seems to be some contradiction between EU 2015/2366 Art 11(1) and the EBA Opinion on the use of eIDAS certificates under the RTS on SCA and CSC (EBA-Op-2018-7) item 26.\n\n### Background\n\nAccording to EU 2015/2366 Art 1(1) b) these institutions are exempted from getting an authorisation from a National Competent Authority (NCA) which we interpret in a way that they be granted PSP\\_AI, PSP\\_PI and PSP\\_IC roles. According to the EBA Opinion on the use of eIDAS certificates under the RTS on SCA and CSC (EBA-Op-2018-7) item 26 only roles can be assigned for which the institution is authorized “Therefore, the roles that could be assigned to electronic money institutions that would like to obtain an eIDAS certificate should also be limited to the payment services for which the respective electronic money institution has been authorised.” We note that NCAs handle this in different ways.\n\nMember State A: Its NCA's Payment Institutions Register currently includes 8 electronic money institutions all having authorized services “E-Geld Geschäft (§ 1 Abs. 2 Satz 2 ZAG)”. BaFin has published a note stating that e-Money institutions can act as PSP\\_AI, PSP\\_PI, PSP\\_IC automatically.\n\nMember State B: Its NCA has 13 electronic money institutions. Specific roles like “Acquiring of payment transactions” are assigned to them, none of them has any of the PSD2 roles.\n\nCountry C: Its NCA has assigned individual roles to their electronic money institutions, some of them have PSD2 roles.\n\n***\n\n### Answer\n\nPlease note that as part of adjustments to the Single Rulebook Q&A process, agreed by the EBA and the European Commission, it has been decided to reject outstanding questions submitted before 1 January 2020, when the Q&A process was updated as part of the last ESAs Review. In particular, the question that you have submitted has now regrettably been rejected and will not be addressed.\n\nIf you believe your question would still benefit from clarification, you are invited to resubmit your question, adapting it to reflect any legislative, regulatory or other relevant developments that may have occurred since the initial date of submission. The EBA will aim to address resubmitted questions as a matter of priority. When considering to resubmit, you are kindly requested to observe the updated admissibility criteria agreed in the context of the adjustment of the Q&A process, available in the Additional background and guidance for asking questions. We hope for your understanding.\n\nFor further information please refer to the press release and the updated Q&A page.\n\n***\n\n**Source:** [EBA original document](https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2019_4874)\n\n## Related Level 1 articles\n\n- [Article 11 — Granting of authorisation](../../../articles/11.md)\n"}