MasterCard Rules (PDF)

The Customer must:
Licensing and Licensed Activities
Compliance Zones
1. Obtain the prior written agreement of any third party designee of the
Customer that may be given access to any funds owed by or to the
Customer pursuant to the Standards; and
2. Guarantee any such third party designee’s compliance with all its obligations
to the Corporation under this Rule.
NOTE
Compliance Zones
An addition to this Rule appears in Section 15a, “United States Region
Debit-related Rules.”
The following table identifies the noncompliance category that the Corporation
has assigned to the Standards described within this chapter. These
noncompliance categories are assigned for the purposes of noncompliance
assessments under the compliance framework in Rule 3.1.2.
Rule Number/Rule Title Category
2.1 Purpose of License; Eligibility A
2.2 License Application A
2.3 Area of Use A
2.4 Special Conditions of Participation or License A
2.5 MasterCard Anti-Money Laundering Program A
2.6 Obligation to Issue Cards
2.7 Liability for Assigned ICAs and BINs A
2.8 Obligations of a Sponsor C
2.9 Name Change C
2.10 Fees, Assessments, and Other Payment Obligations A
2.11 Sale or Change in Ownership or Control of Customer Portfolio A
2.12 Suspension and Amendment of Participation or License or Both A
2.13 Rights, Liabilities, and Obligations of Terminated Customers A
2.14 Failure of a Principal or Association Customer to Discharge a
Settlement Obligation
2.15 System Liquidity A
2.16 Loss Allocation Among Customers
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MasterCard Rules • 12 December 2012 2-15
A
A
A