Regulatory Alerts2022-03-18
Added · Updated
Legislation and regulations governing market access for electronic money institutions
This factsheet outlines the legal framework and guidance provided by De Nederlandsche Bank (DNB) regarding market access for electronic money institutions in the Netherlands. It details the authorization requirements under the Financial Supervision Act and the European Electronic Money Directive, specifying that DNB handles prudential supervision while the Netherlands Authority for the Financial Markets oversees market conduct. The document also references specific guidance on the Anti-Money Laundering and Anti-Terrorist Financing Act, integrity risk analysis, and the application process for authorizations.