direct ec european parliament council septemb amend direct ec relat take pursuit busi credit institut european parliament council european union regard treati establish european commun sentenc articl thereof regard propos commiss regard opinion econom social committe regard opinion european central bank act accord procedur laid articl treati accord object treati desir promot harmoni develop activ credit institut commun issuanc electron monei institut limit activ primarili issuanc electron monei avoid distort competit electron monei issuer applic monetari polici measur advis institut subject suitabl specif provis take account special characterist brought scope direct ec advis extend institut definit credit institut provid articl direct ec direct ec european parliament council septemb take pursuit prudenti supervis busi electron monei institut defin electron monei institut electron monei redeem ensur bearer confid adopt direct articl direct ec amend articl point subparagraph replac text quot credit institut undertak busi receiv deposit repay fund public grant credit account electron monei institut mean direct ec european parliament council septemb take pursuit prudenti supervis busi electron monei institut quot articl ad titl quot articl articl direct ec appli credit institut quot articl member state bring forc law regul administr provis compli direct april immedi inform commiss thereof member state adopt measur refer direct accompani refer occas offici public method make refer laid member state member state commun commiss text main provis nation law adopt field cover direct articl direct enter forc dai public offici journal european commun articl direct address member state brussel septemb european parliament presid fontain council presid védrine oj oj oj opinion european parliament april oj confirm octob council common posit novemb oj decis european parliament april publish offici journal direct ec european parliament council march relat take pursuit busi credit institut oj page offici journal oj