Book traversal links for Article (125): Retail Payment Operations and Related Electronic Services
Article (125): Retail Payment Operations and Related Electronic Services
Fed Law 14/2018 Issued on 1/10/2018The Central Bank shall solely:
1) Have the authority to issue regulations, rules, and procedures relating to electronic banking operations, digital money, Stored Value Facilities, and shall regulate Retail Payment Systems and related electronic banking and financial services.
2) Take all measures and procedures it deems appropriate to reduce risks to the State’s financial and economic systems associated with operations and systems referred to in item (1) of this article.