The EMA sent a letter to John Glen MP in light of the Recommendations put forward by the House of Commons Treasury Select Committee Economic Crime Report on addressing issues related to APP scams (para 118). The letter provides the EMA’s views on the Recommendation that the government legislate to give the PSR the power to mandate automatic reimbursement by PSPs to APP scam victims.
Archive | EMA publications
The EMA frequently responds to government and European consultations on regulation that impacts the e-money and payment services industry. Sometimes, we also express our views on issues that are raised in the public domain where we feel it is important to provide an industry input.
Our publications reflect the views of the EMA as whole; individual members’ views may vary from time to time. The public consultation responses are listed below. For further information on these positions, please contact us.
March 4, 2022
March 2, 2022
February 28, 2022
EMA letter to CBI re Outsourcing
The EMA sent a letter to the Central Bank of Ireland regarding the impact of the pre-approval process on EMA members, and a number of proposed alternative approaches.
February 21, 2022
EMA response to FCA Consumer Duty
The EMA submitted a response to the FCA CP21/36: A new Consumer Duty: feedback to CP21/13 and further consultation.
February 10, 2022
February 7, 2022
January 31, 2022
Joint Payments Industry Letter on Final EDPB Guidelines PSD2 GDPR Interplay
The EMA joined a letter from a number of European associations representing Payment Service Providers. With this letter the industry would like to emphasise and jointly reiterate common concerns regarding the final EDPB Guidelines on the interplay between PSD2 and GDPR.
January 19, 2022
January 14, 2022
EMA representation to OBIE and CMA on Sweeping definition clarifications
The EMA submitted representations to the Open Banking Implementation Entity and the Competition and Markets Authority regarding the clarification on the definition of Sweeping for Variable Recurring Payments for Open Banking ecosystem participants
December 20, 2021
