Directive 2009/110/EC of the European Parliament and of the Council of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC (Text with EEA relevance)
- In force
- CELEX number: 32009L0110
- Official Journal: JOL_2009_267_R_0007_01
- Form: Directive
- Procedure number: 2008/0190(COD), 2008/0190/COD
- Languages:
- bg
- cs
- da
- de
- el
- en
- et
- fi
- fr
- hr
- hu
- it
- lv
- lt
- mt
- nl
- pl
- pt
- ro
- sk
- sl
- es
- sv
Dates
Date of document: - September 16, 2009
- October 10, 2009
- October 30, 2009
- Entry into force - Date pub. + 20 See Art 24
- April 30, 2011
- Partial application - See Art 21
- April 30, 2011
- At the latest See Art 22
Modified by
Modified by:
Modifies
Modifies:
- Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (Text with EEA relevance)
- Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance)
Affected by case
- Judgment of the Court (First Chamber) of 16 January 2019. Proceedings brought by „Paysera LT“ UAB. Request for a preliminary ruling from the Lietuvos vyriausiasis administracinis teismas. Reference for a preliminary ruling — Taking up of the business of electronic money institutions — Directive 2009/110/EC — Article 5(2) and (3) — Rules on own funds — Own funds required for the pursuit of activities linked to the issuance of electronic money — Definition of ‘activity linked to the issuance of electronic money’ — Issuance, for the benefit of the seller, of electronic money at par value of the funds received. Case C-389/17.
- A05P2
- Judgment of the Court (Fifth Chamber) of 22 February 2024. 'ABC Projektai' UAB v Lietuvos bankas. Request for a preliminary ruling from the Lietuvos vyriausiasis administracinis teismas. Reference for a preliminary ruling – Payment services in the internal market – Directive (EU) 2015/2366 – Article 4(3) and (5) – Payment service or payment transaction – Directive 2009/110/EC – Article 2(2) – Issuance of electronic money – Holding of customer funds by a payment institution without a specific payment order – Classification. Case C-661/22.
- Case C-389/17: Request for a preliminary ruling from the Lietuvos vyriausiasis administracinis teismas (Lithuania) lodged on 29 June 2017 — UAB ‘EVP International’ v Lietuvos bankas
- article 5 paragraph 2
- article 6 paragraph 1 point (a)
- Case C-661/22: Request for a preliminary ruling from the Lietuvos vyriausiasis administracinis teismas (Lithuania) lodged on 20 October 2022 — Bruc Bond UAB v Lietuvos bankas
- article 2 point 2
Legal basis
- Treaty establishing the European Community (consolidated version) Part Three - Community policies TITLE III - Free movement of persons, services and capital Chapter 2 - Right of establishment Article 47
- Treaty establishing the European Community (consolidated version) Part Five - Institutions of the Community TITLE I - Provisions governing the institutions Chapter 2 - Provisions common to several institutions Article 251
- Treaty establishing the European Community (consolidated version) Part Three - Community policies TITLE VI - Common rules on competition, taxation and approximation of laws Chapter 3 - Approximation of laws Article 95
EuroVoc Vocabulary
- Financial institution
- Freedom of establishment
- Services contract
- Law of banking
- Payment
- Banks
- Electronic money
- Financial services
- Issuing of currency
- Approximation of laws
- Financial control
- Financial legislation
- Internal market - Principles