What fraction of customers' e-money funds is required to be separated from e-money issuer's funds and kept at how many prudentially regulated financial institutions?
What fraction of customers' e-money funds is required to be separated from e-money issuer's funds and kept at how many prudentially regulated financial institutions?
- [1] 100% of customers' e-money funds; kept at a single prudentially regulated financial institution
- [2] 100% of customers' e-money funds; kept at more than one prudentially regulated financial institution
- [3] Only a fraction of customers' e-money funds; kept at one or more prudentially regulated financial institutions
- [4] No requirement to separate customers' e-money funds