Regulation of Payment Services an…
Regulation of Payment Services and Payment Initiation Law, 2024 · st:il-payment-services-law
Primary text ↗Verified
Dates
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In force from
Key provisions
2 in the graphThe article’s own text, quoted verbatim from the primary source below — a citable fact, not a summary. No plain-English explanation is shown: writing one would be legal analysis nobody sourced (docs/RULES.md R1). That register is reserved should sourced explanations be added later, and will never share this card’s styling.
Section 3 (Licence requirement — Financial Service Provider — payment services)
prov:il-psl2024-s3-fsp
ARTICLE TEXT — VERBATIM
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PLAIN-ENGLISH EXPLANATION
Not built — see docs/RULES.md R1. This register is reserved for a future, separately sourced and cited explanation; it will never be filled with unsourced prose.
Grants (in the graph) Execute payment transactions (direct debits, card payments, credit transfers), Payment initiation services, Account information services
Section 3 (Licence requirement — Financial Service Provider — financial asset services)
prov:il-psl2024-s3-financial-asset
ARTICLE TEXT — VERBATIM
no data
PLAIN-ENGLISH EXPLANATION
Not built — see docs/RULES.md R1. This register is reserved for a future, separately sourced and cited explanation; it will never be filled with unsourced prose.
Grants (in the graph) Provide custody and administration of crypto-assets on behalf of clients, Money remittance
National regimes implementing it
2 regimesOne statute, implemented differently by each regime below — the same directive granting different activities, client types and capital figures market by market.
WhereAuthorityRegimeCapital · transitionFirms
ILCapital Market, Insurance and Savings AuthorityFinancial Services Provider Licence (Payment Services) / Israel / CMISAExecute payment transactions (direct debits, card payments, credit transfers), Money remittanceno datano data0
ILCapital Market, Insurance and Savings AuthorityFinancial Services Provider Licence (Financial Asset Services) / Israel / CMISAExchange crypto-assets for fundsno datano data6
Sources
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