The EMA submitted a letter to the Lithuanian Ministry of Finance and Bank of Lithuania in relation to Lithuania’s proposed implementation of the 5th Money Laundering Directive (5MLD) through Law VIII-275.
The EMA submitted a response to the Payment Systems Regulator Consultation on general directions for the implementation of Confirmation of Payee on 8 January 2019.
The EMA submitted a response to the Authorised Push Payment (APP) Scams Steering Group Draft Contingent Reimbursement Model Code on 15 November 2018.
The EMA responded to the FCA consultation CP18/21 on General standards and communication rules for the payment services and e-money sectors on 1 November 2018.
The EMA responded to the Romanian Ministry of Finance Consultation on the implementation of the Payment Services Directive (“PSD2”) – Proiect Lege privind serviciile de plata si pentru modificarea unor acte normative on 15 October 2018.
The EMA submitted a response to the FCA consultation CP18/25: Approach to final Regulatory Technical Standards and EBA guidelines under the revised Payment Services Directive (PSD2) on 12 october 2018.
The EMA submitted a response the Law Commission Anti-Money Laundering: the SARs Regime consultation on 4 October 2018.
On 3 October 2018, the FCA published the findings of their long-awaited AML Thematic Review into the e-money sector.
Brief overview of the report:
The EMA submitted a response to the FCA consultation CP18/16 on Authorised push payment fraud – extending the jurisdiction of the Financial Ombudsman Service on 3 October 2018.
The EMA submitted a response to the EBA Consultation on draft Guidelines on outsourcing (EBA/CP/2018/11) on 24 September 2018.