This appeal and cross-appeal are concerned with the proper construction of the Electronic Money Regulations 2011 and, in particular, with the status of funds received by an electronic money institution (an ‘EMI’) from electronic money holders in the event of its insolvency.
Judges:
Lady Justice Asplin
Lord Justice Popplewell
And
Lord Justice William Davis
Citations:
[2022] EWCA Civ 302
Links:
Statutes:
Electronic Money Regulations 2011
Jurisdiction:
England and Wales
Financial Services, Crime
Updated: 16 June 2022; Ref: scu.674502