Directive 2006/48/EC is hereby amended as follows:
(1)
Article 4 is amended as following:
(a)
point 1 is replaced by the following:
(1)
“credit institution” means an undertaking the business of which is to receive deposits or other repayable funds from the public and to grant credits for its own account;’
(b)
point 5 is replaced by the following:
(5)
“financial institution” means an undertaking other than a credit institution, the principal activity of which is to acquire holdings or to pursue one or more of the activities listed in points 2 to 12 and 15 of Annex I.’;
(2)
the following point is added to Annex I:
(15)
Issuing electronic money.’.