Book traversal links for Exclusions
Exclusions
C 15/2021 Effective from 6/6/2021This Regulation shall not apply to the following:
- Payment Transactions involving Stored Value Facilities;
- Transactions involving Commodity or Security Tokens;
- Transactions involving Virtual Asset Tokens;
- Payment Transactions involving Remittances;
- Currency exchange operations where the funds are not held on a Payment Account;
- Any service other than Payment Initiation and Payment Account Information Service, including (but not limited to) any of the following:
- 6.1. services, provided by any technical service provider that supports the provision of any payment service, but does not at any time enter into possession of any money under that payment service;
- 6.2. the service of processing or storing data;
- 6.3. any information technology security, trust or privacy protection service;
- 6.4. any data or entity authentication service;
- 6.5. any information technology service;
- 6.6. the service of providing a communication network; and
- 6.7. the service of providing and maintaining any terminal or device used for any payment service.
- 6.1. services, provided by any technical service provider that supports the provision of any payment service, but does not at any time enter into possession of any money under that payment service;
- Payment Transactions carried out within a payment system or securities settlement system between Payment Service Providers and settlement agents, central counterparties, clearing houses, central banks or other participants in such system including central securities depositories;
- Payment Transactions and related services between a parent undertaking and its subsidiary or between subsidiaries of the same parent undertaking, without any intermediary intervention by a Payment Service Provider other than an undertaking belonging to the same group; and
- Any other relevant activity that may be designated by the Central Bank.