Regulatory Terminalszyma.co

terminal / r / is-emi

E-Money Institution / Iceland

EMD2 · Act No. 17/2013 on the Issuance a… · supervised by Financial Supervisory Authority of the Central Bank of Iceland (FME) · IS Iceland

CapitalEUR 350,000 sourceTimeline3 months source

Granted activities

by client type

ActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.

Issue electronic moneyvia-intermediary permitted via EMD2 Art 3(4) distributors; EMIs may not issue e-money through agents (Art 3(5)), only distribute/redeem Conditional Conditional Conditional None Conditional

Conditional: the grant carries the conditions listed under the activity.

Requirements

Minimum capitalEUR 350,000 source

Typical timeline to authorisation3 months source

Passporting reach

freedom-of-services · notification

DE FR NL IE LT LU MT BE ES IT PL SE DK EE CY AT BG HR CZ FI GR HU LV PT RO SK SI LI NO

Holders

2 in this corpus

CompanyRegister idStatus

Monerium ehf.2549003QDNZWASSSCY31register · look up 2549003QDNZWASSSCY31Aauthorised

Rapyd Europe hf.54930082MGSGPZGYYI39register · look up 54930082MGSGPZGYYI39Aauthorised

Products unlocked

No product configuration resolves against this regime.

Derived business models

Computed from granted activities × permitted client types × passporting mode — not an opinion label.

B2CCONSUMER · 1 activity granted

B2BSME +1 · 1 activity granted

Open questions on this regime

No open questions recorded against this regime.

Resolved coverage in iceland

COVERED

Iceland1

Issue emoney

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE

No unverified rows.

Passported reach (29 further jurisdictions)

Where this licence can passport to. No holder in this corpus is registered in any of them, so every row here is what the licence would permit if held, never proof that it is.

COVERED

Germany1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

France1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Netherlands1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Ireland1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Lithuania1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Luxembourg1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Malta1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Belgium1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Spain1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Italy1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Poland1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Sweden1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Denmark1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Estonia1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Cyprus1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Austria1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Bulgaria1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Croatia1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Czech Republic1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Finland1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Greece1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Hungary1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Latvia1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Portugal1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Romania1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Slovakia1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Slovenia1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Liechtenstein1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

Norway1

Issue emoney

passported · freedom-of-servicesconsumer · SME · corporate · via intermediaryconditionalhypothetical

UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE

No unverified rows.

Need this implemented in your product?

I turn requirements like these into flows, vendor setups, tests and audit evidence.

Regime: E-Money Institution / Iceland