Article 11
Review Not later than 27 April 2005 the Commission shall present a report to the European Parliament and the Council on the application of this Directive, in particular on: the measures to protect the bearers of electronic money, including the possible need to introduce a guarantee scheme, capital requirements, waivers, and the possible need to prohibit interest being paid on funds received in exchange for electronic money, accompanied where appropriate by a proposal for its revision.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-11 · Text as adopted (Official Journal); later amendments are not incorporated in this text.