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 response to the Central Bank of Ireland Strategic Plan 2022-2024.
The EMA sent a letter to the Lithuanian Ministry of Finance regarding FATCA and CRS.
The EMA would like to raise three issues of concern in relation to implementation of the CRS and FATCA in Lithuania, specifically the scope of the law as it applies to Electronic Money Institutions (“EMIs”), Payment Institutions (“PIs”), and electronic money (“e-money”) and unregulated payment products issued by Credit Institutions (“CIs”), which we consider to be out of scope of the CRS and FATCA.
The EMA responded to the European Commission review of VAT rules for financial and insurance services.
The EMA submitted a response to the Irish Competition and Consumer Protection Commission (CCPC) regarding the notification M/21/004 – AIB/BoI/PTSB – Synch Payments JV to set up a joint venture (JV) between AIB, Bank of Ireland, and Permanent TSB to create a new industry-wide mobile payment system service, Synch Payments DAC.