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.
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.
Joint industry Call to Action on CDD exemption Read More »
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.
The EMA submitted a response to the Bank of Lithuania proposed amendments to AML/CTF reporting.
EMA response to BoL consultation on AML/CTF reporting Read More »
