Legislation for Electronic Money Institutions

Legislation relevant to the regulation of electronic money institutions is listed below. Where the links provided are to www.irishstatutebook.ie users should note the disclaimer on the Irish Statute Book website. The following list is not exhaustive and is intended to serve as a general guide only:

Statutory Instruments

• Statutory Instrument No. 183 of 2011 - European Communities (Electronic Money) Regulations 2011 (as amended)
• S.I. No. 232 of 2022 - European Communities (Electronic Money) (Amendment) Regulations 2022
• S.I. No.6 of 2018 - European Union (Payments Services) Regulations 2018
• S.I. No.255 of 2019 - European Union (Payment Services) (Amendment) Regulations 2019
• S.I. No.482 of 2016 - European Union (Payment Accounts) Regulations 2016
• S.I. No. 292/2016 - European Union (Interchange Fees for Card-based Payment Transactions) (Amendment) Regulations 2016

• S.I. No. 853/2004 - European Communities (Distance Marketing of Consumer Financial Services) Regulations 2004

EU Directives

• 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
• Directive 2014/92/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 23 July 2014 on the comparability of fees related to payment accounts, payment account switching and access to payment accounts with basic features
• Directive 2015/2366 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC
• REGULATION (EU) 2015/751 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 29 April 2015 on interchange fees for card-based payment transactions

Information on the relevant Guidelines/Regulatory Technical Standards are available on the European Banking Authority’s (EBA) website.