The Electronic Money Regulations 2011

The Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001U.K.

This section has no associated Explanatory Memorandum

11.  The Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001 M1 are amended as follows—

(a)in regulation 1(2) omit the definition of “electronic money institution”;

(b)in regulation 2(3)(d) omit “except where the firm is an electronic money institution,”; and

(c)in regulation 2(4)(a)(ii) omit “(other than an electronic money institution)”.

Marginal Citations

M1S.I.2001/2511; a relevant amending instrument is S.I. 2002/765.