PSD2

Joint industry letter on the application of PSD2 provisions to a various EMT transactions

The EMA co-signed a joint industry letter addressing the application of PSD2 provisions to electronic money token (EMT) transactions. The letter urges the European Commission to distinguish between EMT-related activities, such as custody and trading, and regulated payment transactions under PSD2. It advocates for pragmatic regulatory approaches, extensions of compliance timelines, and ongoing engagement to ensure an appropriate framework for EMT operations across the EU.

Read the full letter here

EMA EMD-PSD Position paper

The EMA sent a letter to the European Commission on e-money for the purposes of considerations in the context of the review of PSD2. The paper addresses the status of e-money in comparison to deposits, and also in relation to payment accounts as well as other topics we touched upon during our conversations.

Read the letter here

Dimitrios Markakis, EMA’s Senior consultant to join Strong Customer Authentication panel at Payments International

On 28th November 2019, Dimitrios Markakis, Senior consultant at the EMA will join a panel of industry experts at Payments International,  the meeting place for banks, regulators, corporate treasurers, payments disruptors and other key industry members.

The panel will cover Strong Customer Authentication – Regulatory Developments, Practical Challenges and Evolving Best Practice. Dimitrios will be joined by other experts in the field from companies such as UBS and Virgin Money.

Payments International brings you insights into key developments such as

• Open Banking & PSD2

• Payments Regulation Beyond PSD2

• Distributed Ledger Technology & Non-Traditional Payments

• Payments Architecture

This year’s programme will once again include a keynote address by the European Banking Authority (EBA). Hear from the EBA on topics such as the implementation of RTS on SCA & CSC, PI and AI provider authorisation and more. 

As a contact of the EMA you are able to claim a 20% discount. To claim your discount quote: FKM63727EMA.

Visit https://bit.ly/2l9IeiD for more information