CHAPTER 1GENERAL PROVISIONS

Article 2Definitions

For the purposes of this Regulation, the following definitions shall apply:

  1. (a)

    ‘passport application’ means a branch passport application, a services passport application or an agent passport application;

  2. (b)

    ‘branch passport application’ means an application made in accordance with Article 28(1) of Directive (EU) 2015/2366 by an authorised payment institution wishing to establish a branch in another Member State;

  3. (c)

    ‘services passport application’ means an application made in accordance with Article 28(1) of Directive (EU) 2015/2366 by an authorised payment institution seeking to provide services in another Member State;

  4. (d)

    ‘agent passport application’ means an application made in accordance with Article 28(1) of Directive (EU) 2015/2366 by an authorised payment institution seeking to provide payment services in another Member State by engaging an agent as referred to in Article 19(5) of that Directive.