Credit institutions: taking up and pursuit of the business (amend. direct. 77/780/EEC)

PURPOSE : to promote harmonious development of the activities of credit institutions throughout the Community, in particular as regards the issuance of electronic money. COMMUNITY MEASURE : Directive 2000/28/EC of the Council amending Directive 2000/12/EC relating to the taking up and pursuit of the business of credit institutions. CONTENT : given that certain institutions limit their activity primarily to the issuance of electronic money activity, the present Directive provides that these institutions, subject to suitable specific provisions taking into account their special characteristics, be brought within the scope of Directive 2000/12/EC concerning the access to credit institutions. ENTRY INTO FORCE : 27.04.2000. DEADLINE FIXED FOR THE TRANSPOSITION : 27.04.2002.�