Regulatory Alerts2009-06-19
Instruction No. 2009-03 of June 19, 2009, on the Ratio of Electronic Money Liabilities to Own Funds and Placement Rules (Consolidated Version)
The Banking Commission mandates electronic money institutions to report their electronic money liabilities, own funds, and placement data using the MON_ELECT table. Institutions must calculate specific ratios, including the relationship between liabilities and own funds, and the coverage of placements by own funds, in accordance with the May 2, 2013 decree. These consolidated reporting requirements replace previous instructions and became effective on June 30, 2010.
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