EU Regulation of E-Commerce
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EU Regulation of E-Commerce

A Commentary

Edited by Arno R. Lodder and Andrew D. Murray

For the last twenty years the European Union has been extremely active in the field of e-commerce. This important new book addresses the key pieces of EU legislation in the field of e-commerce, including the E-commerce Directive, the Services Directive, the Consumer Directive, the General Data Protection Regulation, and the eID Regulation. The latest in the Elgar Commentaries series, EU Regulation of E-Commerce is the first book to apply this well-established format to a dynamic and increasingly significant area of law.
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Chapter 6: DIRECTIVE 2009/110/EC ON THE TAKING UP, PURSUIT AND PRUDENTIAL SUPERVISION OF THE BUSINESS OF ELECTRONIC MONEY INSTITUTIONS AND DIRECTIVE 2015/2366/EU ON THE CONTROL OF ELECTRONIC PAYMENTS IN THE EU

Christine Riefa

Abstract

There is no business like e-business, a colleague used to say. The nature of money involved in doing business, online as well as offline, is becoming increasingly electronic. Christina Riefa (Brunel University) provides an insightful overview of the EU initiatives over the years addressing both e-money and payment services. The topic is complex, as for instance illustrated by the 117 Articles of Directive 2015/2366 on Payment Services, but clearly explained in this chapter. Keywords: e-money, payment services, financial services

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