DIVDIV Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions determine the procedures and principles draft law passed by parliament was.
According to the law, the activities of electronic money institutions to carry through banks. Payment provider can not be found in the lending business.
DIV issuer of e-money issued electronic money up to fund the organization will.system according to the law, , operated by the system operator. For participation in the functioning of the system and the system of rules and regulations issued by the Central Bank in accordance with the contracts to be determined by the system operator.
Central Bank systems to ensure a smooth and uninterrupted operation will make the necessary arrangements.
system operator, allowing the Central Bank under the arrangement by activating the system.
DIV BRSA temporarily stop the activities of payment institutions, authorized to revoke the operating license will be.
Funds liquidation of the fund if it is canceled or operating permit to compensate rights holders , and will be used to ensure fulfillment of the obligations.
paperwork or securities in lieu of money or monetary system operator guilty of embezzlement, payment institutions and electronic money institution authorized and officials will be punished 6 years up to 12 years imprisonment.
BRSA
vice president, increased the number of departments and directorates.
AA
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