Worldline - Registration Document 2016

Business Regulation

6.9.2.2

credit and payment institution Regulations applicable to outsourced

beneficiaries of credit transfers must now be presented using an example of this harmonization, the bank account information for Code (BIC). The new regulations require a complete migration to International Bank Account Number (IBAN) and a Bank Identifier transfers and direct debits that do not conform to this system the SEPA system as from February 1, 2014. However, credit until February 1, 2016. continued to be accepted by credit and payment institutions harmonizes the format of credit transfers (SEPA Credit Transfer which is directly applicable in European Union member states, [“SCT”]) and debit transfers (SEPA Direct Debit (“SDD”)). As an Banking services to credit institutions, the Group has had to As a provider of e-payment solutions to merchants and Online n°260/2012/CE of March 14, 2012 (the “SEPA Regulation”). This transfers and direct debits in euros. In particular, this regulation, regulation seeks to create a single domestic market for credit adapt its services offering, including the provision of payment efforts to comply with these new requirements. card statements, and has also assisted its customers in their of payment infrastructures, so that processing credit transfers The SEPA Regulation also seeks to enhance the interoperability technical obstacles, by, in particular, opening payment schemes and direct debits is not hindered by commercial regulations or direct debits. used by payment services providers to credit transfers and required by the SEPA Regulation. In the past, in order to access Bancontact/Mister Cash payment scheme in Belgium, as that the Group and its merchant clients first enter into a the Bancontact/Mister Cash payment scheme, it was necessary able to accept a Bancontact/Mister Cash card if it was the Group payment services contract. Accordingly, a merchant was only the relevant payment transaction. Now, as required by the SEPA that undertook the Commercial Acquiring activities in respect of scenario, be accessible to other licensed commercial acquirers, Regulation, the Bancontact/Mister Cash scheme would, in such a For example, the Group participated in the transition of the so long as they make the necessary technical and operational respect of domestic Bancontact/Mister Cash debit cards. investments to be able to undertake acquiring activities in render its iDEAL e-payment platform compliant with the SEPA Additionally, the Group has collaborated with Dutch banks to Regulation.

activities

services can be outsourced, meaning that the institution be a regulated entity, the running of its operational activities. In entrusts to an external service provider, which may or may not regulation 97-02 of February 21, 1997 relating to internal controls France, such outsourcing activities are regulated by CRBF provisions of this regulation, a credit institution’s external service within credit institutions and investment firms. Under the controls procedures in respect of services provided and must provider must comply with the credit institution’s established communicate any information that could have an impact on its services. Like all activities exercised by credit institutions, these Credit institutions can also be authorized to provide payment ability to undertake the functions that have been outsourced to statements on behalf of its credit institution clients and, as a it. For example, the Group issues payment cards and bank Prudential Supervisory Authority (Autorité de Contrôle result, is, in France, subject to the supervision of the French Prudentiel et de Résolution). Similarly, a licensed payment institution may outsource some of procedures. In this regard Atos Worldline NV/SA entrusts to the its activities provided it comply with its internal controls Company certain operational functions related to the provision result, Atos Worldline NV/SA is, in Belgium, subject to both the of payment services such as managing its data centers. As a payment institutions, access to payment services providers’ Belgian law of December 21, 2009 regarding the status of Banking, Finance and Insurance Commission’s PPB 2004/5 activities and access to payment systems and the Belgian practices regarding subcontracting carried out by credit circular of June 22, 2004 regarding sound management institutions and investment firms.

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6.9.2.3

Single Euro Payment Area

Regulations

In the context of the implementation of the Single Euro Payment Area (“SEPA”), the European Union adopted SEPA Regulation

Regulation applicable outside of the European Union

6.9.3

Issuing Processing activities for limited amounts, which are

The Group is not subject to any particular regulation concerning

of India, where the Group conducts Commercial Acquiring and its activities outside of the European Union, with the exception subject to local regulations.

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Worldline 2016 Registration Document