The Electronic Money Association submitted a letter to the Payment Systems Regulator setting out our concerns about the impact of the extent of liability of £415,000 on the payment services and e-money industry in the UK.
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 sent a letter to Mr. Griffith, MP for Arundel and South Downs, in relation to the Treasury Sub-committee’s work on APP scams reimbursement: pushing for a better solution.
The EMA submitted a response to the European Commission draft proposals on Payment services – revision of EU rules (new Regulation) and Payment services – revision of EU rules (Directive).