EPIF recently submitted its response to the EBA’s public consultation on the draft Regulatory Technical Standards (RTS) on new AMLA mandates. With over 300 direct and indirect members representing the non-bank payments sector, we have provided constructive input on how to ensure proportional, risk-based, and practical anti-money laundering rules. Here are a few key takeaways [...]
Shared with DG FISMA, European Commission and European Central Bank (ECB), this paper states EPIF's position on the issues of de-risking and safeguarding in PSD3 and PSR and the effective implementation of the revisions of the Settlement Finality Directive with regards to access to intra-bank payment systems. Our members have long been concerned about market [...]
This statement highlights the need for clear distinctions between ICT services and regulated financial services under DORA. EPIF shares the concern that financial services provided by entities regulated by EU legislation should not be misclassified as ICT services. This approach aligns with the principles of proportionality and risk-based oversight. With the implementation of DORA, we [...]