Wallet sizes and other limits are important risk mitigating measures from a regulatory perspective and are connected to both KYC and consumer protection policy objectives. It is noted that any movement between tiers will impact an EMI’s risk management framework, in particular its AML/CFT as well as capital requirements. Therefore, the EMI would be required, inter alia, to 4 show evidence of possession of the necessary capital, based on the relevant wallet sizes and e-money accounts, as stated in Schedule 2 of the Order.