Regulatory Alerts2014-08-22
Instruction No. 2014-I-11 of August 22, 2014 on the own funds requirements applicable to payment institutions (consolidated version)
The French financial regulator issued Instruction No. 2014-I-11 to define the consolidated own funds requirements applicable to payment institutions. This directive mandates specific capital adequacy standards to safeguard the financial stability of payment service providers. It also functions as an updated regulatory record, incorporating amendments from Instructions 2021-I-22 and 2025-I-05 while formally repealing the earlier 2010-05 directive.
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