EMA response to FCA Discussion Paper on Admissions & Disclosures and Market Abuse Regime for Cryptoassets
The EMA responded to the UK FCA DP24/4 on Regulating cryptoassets – Admissions & Disclosures and Market Abuse Regime for Cryptoassets.
UK
EMA response to HMRC Consultation on International Tax Compliance (Amendment) Regulations 2025
The EMA submitted a response to the UK HMRC consultation on The International Tax Compliance (Amendment) Regulations 2025.
EMA response to FCA GC24/5 on APP Fraud – enabling a risk-based approach
The EMA submitted a response to the UK FCA Guidance Consultation GC24/5: Authorised Push Payment Fraud: enabling a risk-based approach to payment processing.
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EMA response to PSR CP 24-11 Consultation on max reimbursement APP scams
The EMA submitted a response to the UK Payment Systems Regulator CP24/11: Faster Payments APP scams: Changing the maximum level of reimbursement.
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Open Letter from Electronic Money Association to Chancellor Rachel Reeves on APP Scams Reimbursement deadline
The Electronic Money Association (EMA) sent a letter to Chancellor Reeves outlining our concerns regarding the implementation of the Authorised Push Payment (APP) mandatory reimbursement scheme. We have also written to the Economic Secretary to the Treasury.
As the EU trade body representing electronic money issuers and alternative payment service providers, we have highlighted several critical issues that need addressing before the scheme’s full implementation. These include concerns about the financial burden on smaller Payment Service Providers (PSPs), potential delays in system readiness, and the need to reconsider the maximum claims threshold.
We believe these matters are crucial for ensuring the scheme’s success and alignment with the broader goals of economic growth and innovation. We would very much appreciate the opportunity to discuss these concerns in further detail and explore potential solutions that could benefit both consumers and the payments industry.