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+Article 5 6. |
Article 5 6.Member States shall take the necessary measures to prevent the multiple use of elements eligible for own funds:
(a)
where the electronic money institution belongs to the same group as another electronic money institution, a credit institution, a payment institution, an investment firm, an asset management company or an insurance or reinsurance undertaking;
(b)
where an electronic money institution carries out activities other than the issuance of electronic money. 1. Overview
1.1 References1.2 Identified Requirements1.3 Related Standards2. Identified Requirements
3. Related Standards
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