# The Electronic Money Regulations 2011, Paragraph 23


(1) “Method D” means the calculation method set out in this paragraph.
(2) The own funds requirement in respect of the activity of issuing electronic money and providing payment services that are related to the issuance of electronic money is an amount equal to 2% of the average outstanding electronic money of the authorised electronic money institution.

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Source: https://www.legislation.gov.uk/uksi/2011/99/schedule/2/paragraph/23 (the official version)
Page: https://openlegislation.uk/electronic-money-regulations-2011/schedule-2/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.