The EMA co-signed a joint industry statement on the proposed EU anti-money laundering regulation (AMLR) trilogues, calling on the co-legislators to ensure a level playing field amongst all fintech providers when it comes to their obligations to perform customer due diligence (CDD) on their customers.
Archive | Consultations
The EMA monitors and frequently responds to government and European consultations on regulation that impact the e-money and payment services industry. The relevant regulatory proposals and consultations are listed below.
May 17, 2023
May 10, 2023
May 4, 2023
April 24, 2023
April 4, 2023
March 28, 2023
Joint industry Call to Action on CDD exemption
The EMA co-signed a Call to Action to safeguard the Customer Due Diligence exemption for low-risk, low-value e-money products in the upcoming AML Regulation. The letter encourages the European Parliament to take onboard the industry concerns and remove the limitation to „a single Member State“ as well as the reference to a “direct commercial agreement with a professional issuer” in the further legislative procedure.
March 7, 2023
Joint industry letter on amending the Settlement Finality Directive alongside the implementation of the SCT Inst legislation
The EMA co-signed a joint industry letter addressed to the European Commission on amending the Settlement Finality Directive alongside the implementation of the SCT Inst legislation and thus creating a true level playing field for all actors in the field of payments.
February 21, 2023
February 17, 2023
EMA response to BoL consultation on AML/CTF reporting
The EMA submitted a response to the Bank of Lithuania proposed amendments to AML/CTF reporting.
February 8, 2023