Regulatory Alerts2013-07-12
Instruction No. 2013-I-09 of July 12, 2013, regarding forms for approval applications, agent declarations, and notifications for free establishment and free provision of services by electronic money institutions
The Prudential Control and Resolution Authority issued Instruction No. 2013-I-09 to standardize the specific forms and procedures that electronic money institutions and payment service providers must use for regulatory communications. The instruction mandates the use of distinct standardized dossiers for applications for approval, agent declarations, and notifications regarding cross-border activities such as establishing branches, using agents, distributing electronic money, or providing services freely within the European Union or European Economic Area. These forms must be submitted electronically via the ACPR portal and the instruction entered into force upon its publication.
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