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 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.
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 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.
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.
The EMA responded to Payment System Regulator’s consultation MR18/1.1 on Draft Terms of Reference: Market review into the supply of card-acquiring services on 14 September 2018.