The EMA responded to the Lending Standards Board Call for Input on the review of the Contingent Reimbursement Model Code for Authorised Push Payment (APP) scams (the CRM Code).
Archive | Consultations
The EMA monitors and frequently responds to government and European consultations on regulation that impact the e-money and payment services industry. The relevant regulatory proposals and consultations are listed below.
June 1, 2021
May 19, 2021
EMA response to EC Consultation on draft Directive for Digital Operational Resilience
The EMA submitted a response to the European Commission Consultation on a Proposal for a Directive (COM 2020) 596 to address the impact of the proposal for a regulation on digital operational resilience for the financial sector (DORA) on EU Directives.
May 14, 2021
May 11, 2021
May 7, 2021
EMA response to the Central Bank of Ireland on the Strategic Plan 2022 – 2024
The EMA submitted a response to the Central Bank of Ireland Strategic Plan 2022-2024.
May 5, 2021
EMA letter to Lithuanian Ministry of Finance regarding FATCA and CRS
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.
May 3, 2021
April 23, 2021
