An industry association coalition of electronic money issuers, distributors, and retailers strongly calls on the European Parliament and the Council to keep the use of popular and everyday low-value, low risk e-money products such as e-money gift cards and vouchers and to abstain from introducing a mandatory customer identification for such products.
Continue Reading →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.
September 7, 2023
September 5, 2023
EMA letter to Bank of England regarding Safeguarding at Bank of England
The EMA submitted a request to Bank of England to (1) allow EMIs to safeguard customer funds at the Bank of England, and to (2) upgrade the Settlement Account functionality to allow access to overnight reserves.
September 4, 2023
September 1, 2023
August 30, 2023
EMA response to EC consultation on DGSD
The EMA submitted a response to the European Commission consultation on Banking Union: Review of the bank crisis management and deposit insurance framework (DGSD review) – Proposal for a directive – COM(2023)228.
August 28, 2023
August 25, 2023
August 23, 2023
August 16, 2023
EMA response to TI report of March 2022
The EMA sent a letter to the Transparency International regarding the report ‘Together in Electric Dreams’ of March 2022.
August 15, 2023
EMA response to EBA’s draft response to European Commission CfA on significance criteria under MiCA
The EMA submitted a letter to the EBA on the EBA’s draft response to European Commission’s CfA on Delegated Acts under MiCAR concerning certain criteria for the classification of ARTs and EMTs as significant and the fees that are to be charged by EBA to issuers of significant ARTs and EMTs.
