EPIF Response to Commission’s Consultation on EU Framework for Markets on Crypto-Assets
EPIF is delighted to share with you our response to the Commission's consulattion on an EU Frameowrk for Markets on Crypto-Assets.
EPIF is delighted to share with you our response to the Commission's consulattion on an EU Frameowrk for Markets on Crypto-Assets.
EPIF is delighted to share with you a position paper on the Interchange Fee Regulation (IFR) review that was prepared in response to the Commission's Survey on the effects of the Interchange Fee Regulation.
Please find below EPIF Q&A document that was submitted to the European Banking Authority asking for clarity on several PSD2 related issues.
EPIF is delighted to share wit you its position on the Commission's proposal on Cross-Border Payment Fees and Currency Conversion. Whilst EPIF agrees with the objective of the legislative proposal there are a number of areas where we provide feedback which are detailed in the position paper.
EPIF members, and in particular our members representing the MVST sector, would like to express our appreciation to the FATF for seeking the industry’s comments on this important set of guidelines. When preparing its submission the EPIF membership carefully reviewed the separate draft response by Western Union to this consultation and has decided to lend its [...]
Financial technology has the potential to democratise financial services across the EU. Consumers expect to be able to shop online, transfer money, and purchase financial services products online and cross-border as quickly and as easily as sending an email or a text message. With the right technical and regulatory pan-European framework, financial technology companies can [...]
We would like to thank the European Commission for the opportunity of commenting on the Public consultation on the operations of the European Supervisory Authorities. EPIF would hope that the ESA review will provide the opportunity to implement the following three suggestions: The EBA Regulation should enshrine binding wording giving the EBA a clear mandate to [...]
EPIF has highly appreciated the constructive dialogue with the European Commission and the EBA during this process but nonetheless has some final remakrs on the revised draft. EPIF is of the view that card-based transactiobs should be exempt from the dynamic linking requirement. EPIF suggesting relacinx the requirements to keep the maximum transaction amount to EUR 50 [...]
EPIF is pleased to share its response with the ESAs emphasising the need to ensure that the legislation in practice works also when non-bank PSPs are involved in the payment chain. EPIF is of the view that the following two principles must be made clear: 1) The bank where the Payer initiates a payment transaction needs [...]
EPIF welcomes the European Commission’s work to update the framework sanctioning criminal activity where non-cash means of payment fraud are concerned. By improving the effectiveness of prosecution of criminal activity where prevention has failed is, this initiative will foster trust and security in the online environment and contribute to the EU’s Digital Single Market.