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IMEL/IP

Testo Unico Bancario (D. Lgs. 385/1993), Title V-bis/V-ter (IMEL/IP) · st:it-tub
Primary text ↗Verified
Dates
no data
In force from

Key provisions

2 in the graph

The 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.

Art. 114-novies (Art. 114-novies (Istituti di pagamento — Autorizzazione))
prov:it-pi-licence
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), Money remittance, Payment initiation services, Account information services, Place cash on a payment account, Cash withdrawal from a payment account
Art. 114-quinquies (Art. 114-quinquies (Istituti di moneta elettronica — Autorizzazione))
prov:it-emi-licence
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, Execute payment transactions (direct debits, card payments, credit transfers), Money remittance, Payment initiation services, Account information services

National regimes implementing it

2 regimes

One statute, implemented differently by each regime below — the same directive granting different activities, client types and capital figures market by market.

WhereAuthorityRegimeCapital · transitionFirms
ITBanca d'ItaliaE-Money Institution / ItalyIssue electronic moneyEUR 350,000 source3 months source4
ITBanca d'ItaliaPayment Institution / ItalyPlace cash on a payment account, Cash withdrawal from a payment account +6EUR 125,000 source3 months source2

Sources

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