EMD

(redirected from E-Money Directive)
AcronymDefinition
EMDEmergency Medical Dispatching
EMDEmotionally Disturbed
EMDElectro-Motive Division (division of General Motors)
EMDEmerging Market Debt
EMDEmpirical Mode Decomposition (signal processing)
EMDEnvironmental Management Division
EMDEarnest Money Deposit
EMDExecutive Managing Director (various organizations)
EMDEmerald Downs (est. 1996)
EMDEngineering Manufacturing Development
EMDEngineering and Manufacturing Design
EMDEmergency Management Division
EMDEmery-Dreifuss Muscular Dystrophy
EMDÉquipements des Métiers de la Défense (French: Equipment for Careers in Defence)
EMDEmergency Medical Dispatcher
EMDEstrela Mountain Dog (breed)
EMDExact Match Domain (computer algorithm)
EMDEmergency Management Director
EMDElectronic Miscellaneous Document (International Air Transport Association standard)
EMDEngineering and Manufacturing Development
EMDEmerin
EMDError Message Decoder
EMDE-Mail Database
EMDElectronic Media Distribution
EMDElectro-Muscular Disruption
EMDElectronic Monitoring Device
EMDEnhanced Metal Detector (security screening device)
EMDElectrolytic Manganese Dioxide (active cathode material in alkaline batteries)
EMDE-Money Directive (EU)
EMDEffective Management Development (course; various locations)
EMDEstado Mayor de la Defensa (Spanish: Defense Department, Guatemala)
EMDElectronic Music Distribution
EMDElectromechanical Dissociation (now Pulseless Electrical Activity, PEA)
EMDEnergy Management Division
EMDEnhanced Multilayer Deposition (telescopes)
EMDÉcole des Mines de Douai (French engineering school)
EMDEuropean Magazine Distribution (Germany)
EMDÉcole Municipale de Danse (French: Municipal School of Dance)
EMDExcel Meridian Data (est. 1992)
EMDEat My Dust
EMDElectric Motor Driven
EMDEquilibrium Mode Distribution
EMDE-Mail Directory
EMDElectron Momentum Density (solid state physics)
EMDElectron Momentum Density
EMDEntry Monitor Display (US NASA)
EMDEmerald, Queensland, Australia - Emerald (Airport Code)
EMDE. Merck, Darmstadt (Germany)
EMDEngine Manufacturer Diagnostics
EMDElectromagnetic Discharge
EMDEducation Management Development
EMDEngineering Manufacturing Design
EMDElectric Mobility Device
EMDEngine Model Derivative
EMDEticketing Mobile Device (Amtrak)
EMDElectro-Mechanical Delay
EMDElectronic Map Display
EMDExtrinsic Message Degree
EMDEffective Miss Distance
EMDElectromagnetic Manufacturing Development
EMDElectronic Map Data
EMDÉmission de Moteur Diesel (French: Emission of Diesel Engine)
EMDElectronics Maintenance Detachment
EMDEkonomi Muhabirleri Dernegi (Turkey)
EMDEngine Monitor Display
EMDEstimated Maximum Demand
EMDElectromagnetic Defense
EMDEliminate, Move, Digitise (Business) (What to do with non or low value added activities GE Capital)
EMDEmployment Manning Document
EMDElectromagnetic Digitizer
EMDExpendable Media Device
References in periodicals archive ?
Another criticism of the caps is that they go against the EU's e-money directive, which has the reduction in use of cash as one of its goals, as it is argued that this proposal could lead to reduced card use.
Germany strengthened its AML/CFT regime in 2011, including by: amending AML/CFT provisions governing the financial sector through the Act to Implement the Second E-Money Directive which entered into force at the end of April 2011; extending the list of predicate offenses to include market manipulation, product piracy and insider trading through the Act to Improve the Combating of Money Laundering and Tax Evasion, effective May 3, 2011; clarifying the powers--such as the right to obtain information and enter premises--of the supervisory authorities responsible for non-financial institutions; and submitting the draft Act to Optimize the Prevention of Money Laundering to the German parliament, with adoption envisaged before the end of 2011.
(15) We can illustrate this by examining four legislative instruments which are representative of that body of regulation: Directive 95/46/EC on data protection (16) (the Data Protection Directive); Directive 96/9 on the legal protection of databases (17) (the Databases Directive); Directive 1999/93 on electronic signatures (18) (the e-Signatures Directive); and Directive 200/46/EC on electronic money (19) (the e-Money Directive).
The e-Money Directive regulates the issuance (45) of electronic money, defined as: monetary value as represented by a claim on the issuer which is:
In the case of the e-Money Directive, there are two elements of embedded business model, one accidental, based on the anticipated way in which the technology would be used, and the other deliberate.
Similarly, the e-Money Directive's embedding of the stored value business model for e-money was based on the predominate technologies of the time, but accounted e-payment systems were already in operation (133) and the mass penetration of the internet to private users was clearly predictable.
The e-Money Directive aimed "to provide a regulatory framework that assists electronic money in delivering its full potential benefits and that avoids hampering technological innovation in particular" (149), but the result has been that only a handful of electronic money institutions are authorised in the EU and e-money represents a tiny proportion of payment transactions.
Three other financial dossiers were also given a final seal of approval, including a revision of the e-money directive (2000/46/EC) to open up the market - including lowering entry fees - and a regulation on cross-border payments, making sure EU citizens pay the same fees on domestic and cross-border euro transactions (see Europolitics 3741).
The result, which will amend the current e-money directive (2000/46/EC), is based on a compromise endorsed by EU ambassadors in Coreper, on 25 March.
Germany which is the country that has raised the most radical objections to the NLF Directive, is proposing to take the liberalisation clause completely out of the NLF Directive and integrate it into a different piece of legislation such as the E-money Directive which facilitates access to the business of electronic money issuance.
The E-Money Directive was adopted at the height of the e-commerce boom, and was intended to facilitate access by non-credit institutions to the business of e-money issuance.
Electronic money is defined in the E-Money Directive (2000/46/EC) as monetary value stored on a chip card (pre-paid card or 'electronic purse') or on a computer memory (network or software money), and which is accepted as a means of payment by companies other than the issuer.