We are delighted to share EPIF’s feedback in response to the European Commission's Inception Impact Assessment pertaining to the revision of the Directive on Administrative Cooperation (DAC) to include e-money and crypto-assets.
We are delighted to share EPIF's written comments on the OECD consultation on the Pillar Two blueprint.
We are delighted to share EPIF's written comments on the OECD consultation on the Pillar One blueprint.
We endorse strong protections for personal data, including when data is transferred to third countries. We believe the Recommendations are key not only to ensuring consistency of the implementation of the CJEU’s decision in Schrems II, but also to help data exporters comply with the Court’s decision. But we have substantial concerns about some potential interpretations of the Draft Recommendations. Please see our response attached.
We are delighted to share EPIF's response to the EBA consultation on the Revised Guidelines on major incident reporting.
EPIF would like to point that that most of the main money transfer operators (MTO) providing their services in Europe have experienced the unilateral closure of their bank accounts and the refusal to offer them banking services in breach of Article 36 PSD2 in different Member States. This poses an existential threat to their activities, employees and customers in that country and the continuation of this practice threatens to undermine the AML/CFT protections in place by driving MTOs out of the market and leading customers to use unlicensed illegal channels. Moreover, this process even more accelerated in the past months with the COVID-19 crisis.
EPIF is delighted to share with you its response to the Commission consultation on an action plan for a comprehensive Union policy on preventing money laundering and terrorist financing.
EPIF is delighted to share with you its response to the EBA consultation on the revised guidelines on risk factors.
EPIF is delighted to share with you its response to the Commission Consultation on the Digital Finance Strategy.
Please find below EPIF's response to the Commission's Consultation on the Retail Payments Strategy