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English to Russian translations [PRO] Bus/Financial - Finance (general)
English term or phrase:ELM
Встречается в следующем контексте:"(in ELM) the amount by which an ELMI's own funds exceed 2.5% of its e-moneyoutstandings, calculated in accordance with ■ ELM 3.4.6 R (FX exposure limits)" Похоже, что это аббревиатура обозначает какой-то нормативный документ или свод нормативных актов. Помогите, пожалуйста. Заранее, спасибо
Explanation: he principal Module is the Sourcebook for Electronic Money Issuers, known as ELM, which contains more detailed provisions implementing aspects of the Electronic Money Directive and the Banking Directive. Other relevant Modules include the General Provisions (GEN), the Threshold Conditions (COND) and the Authorisation (AUTH) and Supervision (SUP) Manuals.