Regulatory Alerts2021-10-06
Instruction No. 2021-I-09 of October 6, 2021 amending Instruction No. 2019-I-22 of April 23, 2019 regarding payment institution authorization forms
The Prudential Control and Resolution Authority issued Instruction No. 2021-I-09 to update the regulatory framework for payment service providers. The instruction mandates the replacement of the standard application forms for payment institution authorization, simplified authorization, and account information service provider registration with new versions detailed in the annexes. These changes align with the conditions set forth in Articles L. 521-3-1 and L. 525-6-1 of the Monetary and Financial Code.
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