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.
The EMA submitted a letter to UK HMRC in response to the consultation on The taxation of decentralised finance involving the lending and staking of cryptoassets.
EMA letter to HMRC – The Taxation of DeFi Lending and Staking Read More »
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.
Joint EU fintech industry statement on AMLR trilogues, make or break time for PISPs Read More »
The EMA submitted a response to the UK HM Treasury consultation on the Future financial services regulatory regime for cryptoassets.
EMA response to HMT CP on Future financial services regulatory regime for cryptoassets Read More »
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.
