Regulatory Alerts2019-04-23
Instruction No. 2019-I-22 of April 23, 2019, on Forms for Authorization, Simplified Authorization, Registration, Agent Declaration, and Exemption Requests for Payment Institutions
The Prudential Control and Resolution Authority issued Instruction No. 2019-I-22 to establish standardized electronic application forms for payment institutions, account information service providers, payment service agents, and entities seeking authorization exemptions. The instruction mandates that specific entities submit designated dossier types corresponding to their regulatory status, replacing the previous 2011 instruction. These requirements became effective on May 1, 2019, and all references to the repealed instruction are now deemed references to this new directive.
Share