Finansforetaksloven
Finansforetaksloven (Financial Undertakings Act) · st:no-finansforetaksloven
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Dates
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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.
Section 2-10 (Konsesjon som betalingsforetak — Payment institution licence)
prov:no-ffl-s2-10
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), Money remittance, Payment initiation services, Account information services
Section 2-11 (Konsesjon som e-pengeforetak — Electronic money institution licence)
prov:no-ffl-s2-11
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) Issue electronic money, Execute payment transactions (direct debits, card payments, credit transfers)
Section 3-4 (Minstekrav til startkapital — Minimum requirement for start-up capital)
prov:no-ffl-s3-4
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.
Backs requirement minimumCapital
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
NOFinanstilsynet (Financial Supervisory Authority of Norway)E-Money Institution / NorwayIssue electronic moneyEUR 350,000 source3 months source3
NOFinanstilsynet (Financial Supervisory Authority of Norway)Payment Institution / NorwayPlace cash on a payment account, Cash withdrawal from a payment account +6EUR 125,000 source3 months source2
Sources
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