Act No. 17/2013 on the Issuance a…
Act No. 17/2013 on the Issuance and Handling of Electronic Money · st:is-emoney-2013
Primary text ↗Verified
Dates
no data
In force from
Key provisions
3 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.
15. gr. (Starfsleyfi)
prov:is-em-2013-art15
ARTICLE TEXT — VERBATIM, TIER B
Rafeyrisfyrirtæki er heimilt að hefja útgáfu rafeyris að fengnu starfsleyfi. source
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.
11. gr. (Stofnfé)
prov:is-em-2013-art11
ARTICLE TEXT — VERBATIM, TIER B
Stofnfé rafeyrisfyrirtækis skal á hverjum tíma nema að lágmarki jafnvirði 350.000 evra (EUR) í íslenskum krónum source
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.
Backs requirement minimumCapital
4. gr. 6. tölul. (Rafeyrisfyrirtæki)
prov:is-em-2013-art-def
ARTICLE TEXT — VERBATIM, TIER B
Lögaðili sem hefur fengið starfsleyfi til að gefa út rafeyri source
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) Issue electronic money
National regimes implementing it
1 regimesOne statute, implemented differently by each regime below — the same directive granting different activities, client types and capital figures market by market.
WhereAuthorityRegimeCapital · transitionFirms
ISFinancial Supervisory Authority of the Central Bank of Iceland (FME)E-Money Institution / IcelandIssue electronic moneyEUR 350,000 source3 months source2
Sources
15. gr. (Starfsleyfi) · 11. gr. (Stofnfé) · 4. gr. 6. tölul. (Rafeyrisfyrirtæki)Act No. 17/2013 on the Issuance and Handling of Electronic Moneyhttps://www.althingi.is/lagasafn/pdf/157b/2013017.pdf
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