This Regulation shall not apply to the following:

1. Payment Transactions involving Stored Value Facilities;
    
2. Transactions involving Commodity or Security Tokens;
    
3. Transactions involving Virtual Asset Tokens;
    
4. Payment Transactions involving Remittances;
    
5. Currency exchange operations where the funds are not held on a Payment Account;
    
6. Any service other than Payment Initiation and Payment Account Information Service, including (but not limited to) any of the following:
    
   1. 6.1. services, provided by any technical service provider that supports the provision of any payment service, but does not at any time enter into possession of any money under that payment service;
       
   2. 6.2. the service of processing or storing data;
       
   3. 6.3. any information technology security, trust or privacy protection service;
       
   4. 6.4. any data or entity authentication service;
       
   5. 6.5. any information technology service;
       
   6. 6.6. the service of providing a communication network; and
       
   7. 6.7. the service of providing and maintaining any terminal or device used for any payment service.
       
7. Payment Transactions carried out within a payment system or securities settlement system between Payment Service Providers and settlement agents, central counterparties, clearing houses, central banks or other participants in such system including central securities depositories;
    
8. Payment Transactions and related services between a parent undertaking and its subsidiary or between subsidiaries of the same parent undertaking, without any intermediary intervention by a Payment Service Provider other than an undertaking belonging to the same group; and
    
9. Any other relevant activity that may be designated by the Central Bank.