2023 - 2024
EBA
Summary
The European Banking Authority (EBA) today published its fourth biennial Opinion on the risks of money laundering and terrorist financing (ML/TF) affecting the European Union’s financial sector. It also sets out what competent authorities and EU co-legislators can do to mitigate those risks.
When
13 July 2023
EBA
Summary
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched today a public consultation on the first batch of policy products under the Digital Operational Resilience Act (DORA). This includes four draft regulatory technical standards (RTS) and one set of draft implementing technical standards (ITS). These technical standards aim to ensure a consistent and harmonised legal framework in the areas of ICT risk management, major ICT-related incident reporting and ICT third-party risk management. The consultation runs until 11 September 2023.
When
19 June 2023
EBA
Summary
The European Banking Authority (EBA) today published its Report on money laundering and terrorist financing (ML/TF) risks associated with EU payment institutions. Its findings suggest that ML/TF risks in the sector may not be assessed and managed effectively by institutions and their supervisors.
When
16 June 2023
SFSA
Summary
The guidelines on how the money laundering regulations can be complied with in regards to identification methods of a customers in a digital environment.
When
31 May 2023
SFSA
Summary
The Swedish infrastructure for payments is outdated and must be modernized. The SFSA requested to meet with Swedish banks in light of the withdrawal of the permit application for the P27 project and discuss how they will work with the issue going forward.
When
17 May 2023
EBA
Summary
The European Banking Authority (EBA) published today the 8th edition of its Consumer Trends Report for 2022/23, which summarises trends observed for the products and services under the EBA’s consumer protection mandate. The Report has also identified twoissues facingconsumers in the EU: fraud in retail payments and over-indebtedness and arrears. These issues will shape the EBA’s consumer protection priorities over the next two years.
When
24 April 2023
EBA
Summary
The European Banking Authority (EBA) today published, for the first time, a new set of indicators, which aim at identifying detriment to consumers arising from the misconduct of financial institutions offering retail banking products in the EU. The indicators show consumers’ experience with financial services and will complement other sources of information that the EBA already uses to decide on its consumer protection priorities.
When
28 March 2023
SFSA
Summary
The agreements that are signed between the companies have been found to contain terms that prevent the lenders from contacting the consumer. This means that lenders are in these cases prevented from collecting additional information that might be necessary to perfrom a proper credit check. This is one out of several problems in the market for loan mediation that the SFSA have discovered and presents in its consumer protection report.
When
28 March 2023
EBA
Summary
The European Banking Authority (EBA) today published three Q&As that, jointly with three other Q&As that the EBA had published previously, clarify comprehensively the application of strong customer authentication (SCA) to digital wallets under the revised Payment Service Directive (PSD2). This press release provides a summary of these Q&As and, thus, aims at bringing about a consistent understanding by all market stakeholders of the applicable requirements.
When
31 January 2023
EBA
Summary
The European Banking Authority (EBA) today published its peer review on authorisation of payment institutions and e-money institutions under the revised Payment Services Directive (PSD2). The review generally found increased transparency and consistency of the information required in the authorisation process. However, it also identified significant divergences in competent authorities’ assessment and the degree of scrutiny of applications. The review, therefore, sets out a series of measures to address such divergencies, to level out the supervisory playing field and to mitigate against ‘forum shopping’.
When
11 January 2023
Something that caught your attention and that you would like to discuss? Great! This is what we love to talk about. Leave your contact information below and we will get back to you.
Regulation Nation AB
Org.nr:559421-8496
Letsgetintouch@regulationnation.se
+46 732 09 02 00
Copyright © All rights reserved
