On April 26, 2019, the European Banking Authority (EBA) published clarifications to the third set of issues (VIII to XIII) that had been raised and discussed by participants of its working group on...
Banking groups with a presence in multiple European countries can share data from application programming interface (API) testing across separate legal entities, regulators have confirmed.
On April 24, 2019, the European Banking Authority (EBA) published an opinion on the nature of passport notifications of payment institutions and electronic money institutions using agents and...
The EU’s top payments regulator has stepped into a row between member states over supervision of firms passporting across national borders, taking a relatively tough stance on the controversial...
On February 19, 2019, the European Banking Authority (EBA) announced the commencement of a formal investigation against the Estonian Financial Supervision Authority (Finantsinspektsioon) and the...
Finland will bolster its anti-money laundering (AML) department and implement a more stringent risk-based approach to supervision following criticism of its measures for combating financial crime.
Regulators have confirmed that EU financial firms operating in different member states must handle two sets of fraud rate data — at country level and company level — despite concerns from banking...
On April 10, 2019, the European Banking Authority (EBA) published two advisory documents jointly prepared by the European supervisory authorities (ESAs) — EBA, EIOPA and ESMA — in relation to...
European authorities are seeking to patch the cybersecurity-shaped holes in existing payments legislation, pushing for the introduction of minimum standards around security and risk management as...
A group of European banks have signed a joint letter to authorities expressing concerns about new fraud reporting requirements, citing the risk of divergence between member states and planned...
On July 18, 2018 the European Banking Authority (EBA) published its final guidelines on reporting requirements for fraud data under Article 96(6) of the revised Payment Services Directive (PSD2)....
Banks in France will need to begin testing application programming interfaces (API) for third-party access within the next two weeks or face having to build a second fallback mechanism, regulators...
On April 1, 2019, the European Banking Authority (EBA) published clarifications to the second set of issues raised and discussed by participants of its working group on application programming...
European banks providing application programming interfaces (APIs) must make testing facilities available to third-party providers even if they have not yet received authorisation, regulators have...
The Estonian government is considering a raft of new measures to supervise the rapidly expanding number of cryptocurrency licensees in the country, as it attempts to heal the reputational damage...
An independent survey of European banks has suggested that a significant number will miss the chance to gain the fallback exemption from its first availability in September, as many have failed to...

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