Position Papers Archives - Page 4 of 11

EPIF response to EBA consultation on draft Guidelines on cooperation and information exchange between prudential supervisors, AML/CFT supervisors and financial intelligence units

EPIF welcomes this EBA Guidelines and we are supportive of the aim of establishing a formal framework to ensure effective cooperation and information exchange between prudential supervisors, AML/CFT supervisors and financial intelligence units thus enabling and facilitating the efficient and effective supervision and coordinated supervisory actions where necessary. EPIF fully agrees We agree on the importance of identifying synergies between the work of the different authorities and build on these synergies to foster a more effective approach to both, prudential and AML/CFT supervision, while avoiding unnecessary duplications and respecting the autonomy of the different authorities’ respective roles, tasks and competencies.

Epif2021-08-27T09:37:18+00:00

EPIF response to the Commission consultation on Instant Payments

EPIF is delighted to share with you our response to the Commission consultation on Instant Payments. We agree with the Commission’s overall objective to foster pan-European market initiatives based on instant payments, which would ensure that anyone holding a payment account in the EU could be able to receive and send an instant credit transfer [...]

Epif2021-06-23T14:43:35+00:00

EPIF response to European Commission public consultation on DAC8 to include e-money

We are delighted to share with you EPIF's response to the European Commission public consultation pertaining to the review of Directive 2011/16/EU as regards measures to strengthen existing rules and expand the exchange of information framework in the field of taxation to include e-money. E-money, as defined by EU legislation, is by design a means [...]

Epif2021-05-28T12:21:56+00:00

EPIF response to European Commission public consultation on Settlement Finality Directive

We are delighted to share with you EPIF's response to the European Commission public consultation on the Settlement Finality Directive and the Financial Collateral Directive reviews. EPIF very much welcomes the European Commission’s announcement in its Retail Payment Strategy that it intends as part of the SFD review to extend the scope of the Settlement [...]

Epif2021-05-07T16:58:37+00:00

EPIF response to European Commission public consultation on the review of VAT rules for financial & insurance services

We are delighted to share with you EPIF's response to the European Commission public consultation on the review of VAT rules for financial and insurance services. EPIF members consider the following overarching design principles for a future modernised VAT framework: Provide legal certainty to taxpayers engaged in the provision of financial services; Ensure consistency and [...]

Epif2021-05-04T07:55:39+00:00

EPIF’s contribution to the FATF project to study and mitigate the unintended consequences resulting from the incorrect implementation of the FATF Standards

EPIF is delighted to share with you our contribution to the Financial Action Task Force (FATF) project to study and mitigate the unintended consequences resulting from the incorrect implementation of the FATF Standards, focusing on the issue of bank de-risking EPIF fully supports the Financial Action Task Force (FATF) efforts to look into the unintended [...]

Epif2021-04-19T07:51:01+00:00

EPIF response to European Commission public consultation on a fair & competitive digital economy – Digital Levy

EPIF is delighted to share with you our response to the European Commission public consultation on a fair & competitive digital economy – Digital Levy. Please find below the link to our response and cover letter that we submitted to the Commission.

Epif2021-04-13T17:30:25+00:00

EPIF’s response to the Commission’s Inception Impact Assessment on Instant Payments

EPIF responded to the Commission Inception Impact Assessment on Instant Payments. We very much welcome the opportunity to provide our views to the Commission Inception Impact Assessment on Instant Payments. We would like to take this opportunity to share with you some general comments that our members have on this issue. We agree with the [...]

Epif2021-04-09T13:04:41+00:00

EPIF letter on the draft Council Conclusions on the Commission Retail Payments Strategy (RSP)

Please find below a letter expressing our views on the draft Council Conclusions on the Commission’s Retail Payments Strategy (RPS). EPIF very much welcomes that the Finance Ministers are recognising the political importance of retail payments in Europe and with the attached letter we would like to share with you some considerations on some of [...]

Epif2021-02-19T14:31:48+00:00

EPIF Letter on European Commission’s proposal for ICT operational resilience in the financial services sector

EPIF is delighted to share with you a letter that was sent to Financial Services Attaches expressing our views on the European Commission’s proposal for ICT operational resilience in the financial services sector. While our members believe that DORA is seen as a good initiative to streamline the ICT operational resilience requirements across the entire [...]

Epif2021-02-19T14:32:23+00:00