Eba register payment institutions. Payment Institutions.

Eba register payment institutions Some payment institutions do not need a licence. EBA FINAL draft Regulatory Technical Standards . It publishes updates twice a day and it is only updated by National Competent Authorities (NCAs) once a day. Payment statistics relevant institutions (PSRIs) “Payment statistics relevant institutions” (PSRIs) are payment service providers (including electronic money issuers) and payment system operators. As part of this mandate , the EBA works to prevent the use of the financial system for the purposes of money laundering and terrorist financing (ML/TF). PART IV – KEY PRUDENTIAL SUPERVISION REQUIREMENTS FOR PAYMENT INSTITUTIONS Page 12 General Page 12 Capital Requirements Page 12 Safeguarding User Funds Page 13 Outsourcing Page 13 5. Within the European Single market, made up of the European Union (EU) and the European Economic Area (EEA) countries, the European Banking Authority (EBA) established a central register that contains information about • EBA PSD2 register publishes a copy of the information “available in the public register of the home Member State pursuant to Article 14 of Directive (EU) 2015/2366” – this includes typically payment institutions and e-money institutions; available at: https: These include the findings of the EBA peer review on authorisation of payment institutions under PSD2, data extracted from the EBA’s AML/CFT database, EuReCA (available here), questionnaire responses, bilateral interviews with selected EU supervisors, national and supervisory assessments of ML/TF risks in the sector, and any other information available to The revision of Directive 2366/2015/EU (PSD 2), which entered into force in 2015, is eagerly awaited. KNF in Poland). banks) who act in the capacity of a TPP. Such information can only be found in the register of payment institutions. Final Report on the EBA Guidelines under Directive (EU) 2015/2366 (PSD2) on the information to be provided for the authorisation of payment institutions and e-money institutions and for the registration of account information service providers Payment institutions are regulated under the revised Payment Services Directive 2015/2366 The CBI expects an payment institution to comply with the European Banking Authority’s (“EBA”) letter within 10 business days of receipt of a satisfactory response to matters detailed in the “Minded to Authorise/Register” letter. In addition to the firms listed on the Register of Payment Institutions who have been granted an authorisation pursuant to Regulation 18 of the Regulations and the Register of Credit Unions under Regulation 9(1)(b) On 24 February 2022, the EBA published its Guidelines on the limited network exclusion under PSD2 The EBA register of payment and electronic money institutions is not real-time. They include provisions that are necessary to ensure that financial institutions’ governance and risk management systems are sufficient to address the risk that they might breach or evade Along with CRR III and DORA, the regulator is also introducing other significant reforms financial institutions will face in 2025. They are licensed in another country of the European Economic Area (EEA). This refers to applicants that intend to provide e-money services and, if applicable, any payment service(s) referred to in points 1-8 of Annex I to PSD2. The European Banking Authority (EBA) today repealed its Guidelines on major incidents reporting under the Payment Services Directive (PSD2) due to the application of harmonised incident reporting under the Digital Operational Resilience Act (DORA) from 17 January 2025. The list is based on information received from National competent authorities as of 30 June 2012. Freely available online register brings together national authorities’ data EBA launches register of payment and electronic money firms - Central Banking Central Banking Payment services. reveals that more than 2700 PIs and EMIs, including 400 non-bank TPPs, have been authorised or registered in the EU, thus Proposals on the licensing of payment institutions and on access to the information contained therein (‘Regulation on Payment Institutions Register’)11; (11)Commission Implementing Regulation (EU) 2019/ (14)Decision of the EBA Board of Supervisors establishing the EBA Credit Institution Register EBA/RTS/2016/08 14/12/2016 . Disclaimer. Phase 1 – Initial Meeting. . The provision of electronic money services in the Republic of Cyprus (the “Republic”) is regulated by the provisions of The Electronic Money Laws of 2012 and 2018 (‘‘the Law ’’) which transposed into national law the following directives of the European Parliament and of the Council:. Q4. The Bank of Greece is also responsible for the supervision of these companies. Fortunately, the EBA shared a central register where ASPSP can find information on PSPs from all over Europe. PSRIs offer payment services and/or are entitled to do so. The EBA Register will be a single source of aggregated information about payment and electronic money institutions in the EU. The EBA contributes to making retail payments in the EU secure, convenient, innovative and competitive. Due to the increasing complexity of outsourcing solutions and technological developments, The European Banking Authority (EBA) published today a thematic Report on the impact of FinTech on payment institutions' (PIs) and electronic money institutions' (EMIs) business models. Success Stories People Capabilities Insights Launch of the EBA Register of Payment Institutions (PIs) and Electronic Money Institutions (EMIs) under PSD2 ; Share. 1 This set of guidelines applies to applicants for authorisation as electronic money institutions (EMIs). Consumer Protection, Financial Innovation and Payments, EBA . These guidelines establish, for the first time, common EU standards for governance arrangements, as well as the policies, procedures, The present Register has been set up by the EBA solely on the basis of information provided by national competent authorities of the EEA Member States. The European Banking Authority (EBA) today published its final draft Implementing Technical Standards (ITS) (IPR) amending the SEPA Regulation, and aim at standardising reporting from banks, payment institutions and e-money institutions (i. Advanced maths or: the EBA register for e-money and payment institutions Let’s start with something simple: The PSD2 has not only provided us with many new abbreviations such as SCA , PIS or AIS, but also with EUCLID. Application Procedure. 5. Section II Payment Service Providers and Types of Payment Services Payment Service Providers Article 3. EBA Instant Payment Reporting: As instant payments become the norm across Europe, the EBA’s new reporting mandate ensures institutions provide transparency on transaction costs and rejected transfers within the An authorized payment institution is a finance business registered within the terms of the European Banking Authority directive PDS2. Payment services may be provided by six different types of payment service providers (PSPs): payment institutions (PIs), electronic money institutions (EMIs), credit institutions, European and National Central Banks, Member States or regional authorities and post office giro institutions. The ZAG sets out two different authorisation procedures: one in accordance with section 10 (1) sentence 1 of the ZAG for payment institutions, and one in accordance with section 11 (1) sentence 1 of the ZAG for electronic money institutions. Read more and learn how to submit your application. The The European Banking Authority (EBA) launched today a public consultation on the draft regulatory technical standards (RTS) and implementing technical standards (ITS) on the EBA electronic central register under the Payment Services Directive (PSD2), which respectively set requirements on the development, operation and maintenance of the register and the This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. Small Payments Institutions. There are also institutions offering their payment services on the basis of a European passport. europa. In advance of the initial meeting, the Pre-Application Key Facts Document On November 14, 2024, the European Banking Authority (EBA) released two sets of final guidelines. PART IV – KEY PRUDENTIAL SUPERVISION REQUIREMENTS FOR PAYMENT INSTITUTIONS. In this case, an ASPSP, relying on the EBA Credit Institutions register, is unable to find and verify the identity of the credit institution, acting as a TPP, and attempting to access its PSD2 interface. 4-1650-Final-master Furthermore, this section covers the EBA's work on collaboration and exchange information regarding institutions operating through branches and the freedom of provision of services in one or more EU Member States and provides technical standards for such collaboration and information exchange between home and host competent authorities. Register of Payment Service Providers. From a Payment Institution’s (PI) perspective, EPIF is of the view that the Register should provide capabilities for real-time partner verifications through fast Payment institutions remain innovative players in the financial services landscape, bridging the gap between traditional banking and the demands of a digital world, thereby boosting e-commerce development. The register of payment institutions is kept by a competent national authority (e. Contact Details TELEPHONE: +357 22 71 41 00 POSTAL ADDRESS: 80, KENNEDY AVENUE, CY-1076 NICOSIA P. In relation to payments services in the EU, amending Directive (EU) 2015/2366 strengthens the EBA’s role (see summary) and requires it to: develop a publicly accessible central register of authorised payment institutions, which must be The present Register has been set up by the EBA solely on the basis of information provided by national competent authorities of the EEA Member States. In response to the last question, should be noted that the Technical Standards on the EBA Register under PSD2; (EBA) today published its final draft Implementing Technical Standards in the Instant Payment Regulation (IPR) amending the SEPA Regulation, and aim at standardising reporting from banks, payment institutions and e-money institutions (i. A NCA may supply information that a TPP has had its authorisation withdrawn just after the EBA register is published. General. These guidelines replace the The EBA is required to ensure the integrity, transparency and orderly functioning of financial markets. Should you encounter any issues or require further assistance, you can contact our support team at EBA-extranet-support@eba. Payment Service Providers (PSPs) PSD1 and PSD2 defines six categories of Regulated Entity that can register with their Home NCA to provide payment services and become PSPs: Credit Institutions; Payment Institutions; Electronic Money Note: Information on credit institutions, even if they are acting as a TPP, is not held in the EBA Payments Institutions register but in the EBA Credit Institutions register. Agenda 1. The repeal of the Guidelines aims at simplifying the reporting of major incidents EBA only displays data submitted by the Authority. EBA Register. Its main objectives revolve around the notions of transparency and the safeguarding of consumer protection within the This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. Electronic money and payment institutions Find out how to be authorised or registered with us if you want to provide payment services or issue electronic money. All EU/EEA payment institutions >2400 H1 2019 Payments, Resolution*** (Planning, MREL Decisions, MREL/TLAC) All EU/EEA e-money institutions >300 H1 2019 Payments * Data for ~50 Key Risk Indicators from Q4 2008 onwards is available at EBA for ~50 institutions from 20 EU countries, covering at least 50 % of The EBA register of payment and electronic money institutions is not real-time. PART V – PASSPORTING PROVISIONS FOR PAYMENT INSTITUTIONS Page EUCLID - Register EPIFsupports the PSD2’s creation of a central EBA Register, which will serve as a one-stop-shop for consumers and businesses alike to access up-to-date information about the Payment Service Providers (PSPs) they interact with. 1. The EBA is carrying out a peer review on the authorisation of payment institutions (PIs) and electronic money institutions (EMIs) under the Payment Services Directive. EBA Register of Payment Institutions (PIs) and Electronic Money Institutions (EMIs) was established based on article 15(1) of PSD2 Banks, payment institutions and electronic money institutions that outsource activities must comply with various laws and regulations. These This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. Register now Login Risk identification & management for payment institutions. The ECB maintains a list of all significant banks credit The ITS specify the information that will be made available on the EBA Register. Payment Service Providers The European Banking Authority (EBA) today published its peer review on authorisation of payment institutions and e-money institutions under the revised Payment Services Directive (PSD2). This website uses cookies to ensure you get the best experience on our website. The five main objectives of the PSD were to: ACHIEVE Achieve a single payment market in the Register of Payment Service Providers Page 11 EBA Register Page 11 4. Suggestions. The European Banking Authority (EBA) launched today a public consultation on the draft regulatory technical standards (RTS) and implementing technical standards (ITS) on the EBA electronic central register under the Payment Services Directive (PSD2), which respectively set requirements on the development, operation and maintenance of the register and the Read more about the different services requiring a licence . BOX 25529, CY-1395 NICOSIA Get in touch The EBA Extranet has been migrated to SharePoint. j) the register certificate of incorporation or, if applicable, negative certificate of a mercantile register that certifies that the name applied by the company is available; k) evidence of the payment of any fees or of the deposit of funds to file an application for authorisation as a payment institution, where applicable under national law. The aim of the EBA Register is to provide transparency on the operation of payment and e-money institutions across the EU, enhance cooperation between competent authorities in the Member States and ensure a high level of consumer protection. Licensing of payment institutions (PIs) and supervision of payment service providers under PSD2 o Does the EBA see a need to change the prudential requirements under PSD2, such as o Has the interplay between the EBA Register under PSD2 and It is important to note that security and operational risk management requirements under the Payment Services Directive (PSD2), which are applicable since March 2018, continue to apply to other types of payment service providers (PSPs), such as post-office giro institutions and credit unions, that are not covered by DORA. PSD1 Directive EBA has to reiterate that it is not legally able to include credit institutions in the EBA Register, because the mandate under Article 15(5) of PSD2 requires the EBA to develop a register based on a pre-defined list The European Banking Authority (EBA) launched today a consultation on its draft Guidelines specifying the information to be provided by applicants intending to obtain authorisation as payment and electronic money institutions as well as to register as account information service providers under the revised Payment Service Directive (PSD2). Central register that contains information about payment and electronic money institutions authorised or registered within the European Union (EU) and the European Economic Area EBA only displays data submitted by the Authority. (EBA) register: we examine the registrations of licensed payment and e-money institutions to analyse European countries and their fintechs. The European Banking Authority (EBA) today published its final draft Implementing Technical Standards (ITS) on the Pillar 3 data hub for large and other institutions, which will centralise prudential disclosures by institutions through a single electronic access point on Question 8: Do you agree with the scope of the information on agents of payment institutions, exempted payment institutions, account information service providers, electronic money institutions and exempted electronic money institutions to be included in the EBA register? If not, please provide your reasoning. Therefore, unlike registers of credit institutions maintained at national level, this Register has The EBA reviews implementation of authorisation guidelines for payment services providers. Public Hearing, EBA, London, 04 September 2017 . The EBA has recently launched its central electronic register under the PSD2 which serves as a public, freely accessible and source of aggregated information on passporting, payment, electronic money institutions and agents within the EU. Timing. Yes. After seven years, an adjustment of the legal In September of 2019, the European Banking Authority (EBA) issued final draft guidelines on outsourcing for credit institutions, investment firms, payment, and electronic money institutions. Therefore, unlike registers of credit institutions maintained at national level, this Register has The first set of Guidelines is addressed to all institutions within the EBA’s supervisory remit (credit institutions, e-money institutions and payment institutions). Terminology Other types of supervised entities (such as payment institutions or electronic money institutions) do not appear at the EBA Credit Institution Register. In 2015, PSD2 extended payment institutions' capabilities by allowing them to provide open banking services, 3. 4-1650-Final-master However, as highlighted in paragraphs 23-26 of the Final report on the final draft RTS and ITS on EBA Register under PSD2 (EBA-RTS-2017-10) (EBA-ITS-2017-07), credit institutions are entitled to provide the whole range of payment services, including ‘issuing of payment instruments’, ‘payment initiation services’ and/or ‘account information services’, but credit institutions are not This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. On 18 March, the European Banking Authority (EBA) launched the central electronic register under the Payment Services Directive (PSD2) in accordance with its article 15(1). (6) The description of the activities notified under paragraphs 3 and 4 shall be made available also in both the public register provided for in Article 19 and EBA register. Firms seeking to pursue an application for authorisation as a Payment Institution or Electronic Money Institution or seeking registration as an Account Information Service Provider should contact the Payments Authorisation Team ([email protected]) to arrange an initial meeting. electronic money institutions (the "Guide"), and shall be applicable to the actions carried out by the Banco de España in the exercise of the following procedures: Authorisation of payment institutions and electronic money institutions Registration of natural or legal persons providing account information services The scale and nature of the money laundering and terrorism financing (“ML/TF”) risk associated with the payment institutions (“PI”) sector and the EBA Register of Payment Institutions (PIs) and Electronic Money Institutions (EMIs) was established based on article 15(1) of PSD2 There is a Register of Participants for each European Payments Council scheme (the SCT, the SEPA Instant Credit Transfer (SCT Inst), the SDD Core, the SDD Business-to-Business (B2B), the SEPA Request-to-pay (SRTP), the SEPA Key takeaways. 4 The PSD2 mandates the EBA to develop, operate and maintain an electronic, central register that contains information on authorised payment institutions and the payment services for which they are authorised. These include the Financial Supervision Act (Wet op het financieel toezicht – Wft) and the Decree on Prudential Rules for Financial Undertakings (Besluit prudentiële regels Wft – Bpr) In addition, the EBA has published new Institutional Framework-Authorisation. PART III – AUTHORISATION OF PAYMENT INSTITUTIONS IN IRELAND. If you have been invited, please use the following link to access the new Extranet on SharePoint. Lecturer: Kjeld Herreman (lead instructor), designated EBA Group experts. eu I. Access to the extranet is restricted to members who have received an invitation. Payments Institutions Register Credit Institutions Register. 4-1650-Final-master This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. To contribute to the stability and effectiveness of the European financial system, the EBA develops harmonised rules for financial institutions, promotes convergence of supervisory practices, monitors, and advises on the impact of financial innovation and the transition to sustainable finance. To that end, the EBA develops requirements aimed at reducing payment fraud and brings about a level playing field in the EU for the authorization and supervision of payment services providers. Sort by. g. Guideline 1: General principles. EBA has proposed giving Home State competent authorities the discretion to start the clock on the three month period as and when they assess an application as being both complete and accurate. In relation to payments services in the EU, amending Directive (EU) 2015/2366 strengthens the EBA’s role (see summary) and requires it to: develop a publicly accessible central register of authorised payment institutions, which must be kept up to date by the national authorities; Indeed, the EBA Register does not include Credit Institutions (i. By using incorrect or out of date information, an unauthorised or fraudulent TPP could be given access to a Payment Service User’s (PSUs) accounts, financial data or be able to execute payment transactions. Topics: Overview of change drivers in the payments world; Consolidation in payments; Changing customer expectations; Credit institutions versus Electronic Money Institutions (EMI) / Payment Institutions (PI) Money remittance businesses; ACH offerings EBA only displays data submitted by the Authority. The European Banking Authority (EBA) published today its revised Guidelines on outsourcing arrangements setting out specific provisions for the governance frameworks of all financial institutions within the scope of the EBA's mandate with regard to their outsourcing arrangements and related supervisory expectations and processes. In a decision that should be welcomed by payment institutions (PIs), the ECJ has held in ‘ABC Projektai’ UAB v Lietuvos bankas (Case C-661/22) that where a PI receives funds to customers’ payment accounts without a specific payment order and holds them for several days or even months without transferring the funds to the recipients, this EBA/GL/2017/09 Appendix 1 11 July 2017; Date of application –13 January 2018 (updated 4 March 2021) Guidelines on the information to be provided for the authorisation of payment institutions and -money institutions and for the e registration of account information service provides under Article 5(5) of Directive (EU) 2015/2336 The EBA has recently launched its central electronic register under the PSD2 which serves as a public, freely accessible and source of aggregated information on passporting, payment, electronic money institutions and agents within the EU. 5. The European Banking Authority (EBA) has launched the central electronic register of payment and electronic money institutions under the Payment Services Directive (PSD2). In addition, data from the EBA’s central register under PSD2. Routes of Authorisation. O. Article 16: Maintenance of authorisation. The present Register has been set up by the EBA solely on the basis of information provided by national competent authorities of the EEA Member States. The conditions for authorisation of financial leasing companies in Greece are laid down in Law 1665/1986 and are further specified in the Question 8: Do you agree with the scope of the information on agents of payment institutions, exempted payment institutions, account information service providers, electronic money institutions and exempted electronic money institutions to be included in the EBA register? If not, please provide your reasoning. see below). This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. Payment services. The Outsourcing Arrangements (EBA/GL/2019/02 ): Institutions and payment institutions should, upon request, make available to the competent authority either the full register of all existing outsourcing arrangements or sections specified thereof, such as information The FIN-FSA also recommends that entities applying for authorisation comply with the European Banking Authority EBA's Guidelines on Authorisation of Payment Institutions EBA/GL/2017/09 Service providers within a limited network that exceed the above-mentioned limits are entered into a public register of payment institutions, EBA only displays data submitted by the Authority. Payment Service Providers - PSPs) to their National Competent Authorities. It is updated on regular basis, with the Payment Institutions Register . Home Disclaimer Institution Search Branch Search Agent Search Download Register. Under the Guidelines, payment institutions are required to inform the Central Bank of Ireland (the Central Bank) of material changes to outsourcing arrangements that relate (EBA) of the services notified pursuant to paragraphs 3 and 4. The EBA is updating the Committee of European Banking Supervisors (CEBS) guidelines on outsourcing that were issued in 2006, which applied exclusively to credit institutions; the aim is to establish a later date, for a series of periodical payments, or for a batch of payments. It is updated on regular basis, with the update times being displayed on the register. The EBA register should receive up to date information from each EU competent authorities who should Payment Institutions. Relevance Date List of supervised banks. 4. GLOSSARY • Payment Initiation Service (PIS)– "service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider" (Article 4(15) of PSD2); • Payment Initiation Service Provider (PISP) – "payment service provider pursuing business activities as referred to in point (7) of This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. Learn more. The European Banking Authority (EBA) published today an updated list of credit institutions authorised to operate within the European Union and European Economic Area countries. a) 2009/110/EC of 16 September 2009 on the taking up, pursuit and prudential The European Banking Authority (EBA) today published its final Guidelines on national lists or registers of credit servicers. They can be classified in different institutional sectors. Therefore, unlike registers of credit institutions maintained at national level, this Register has 5 www. On 18 March 2019, the European Banking Authority (EBA) launched its central electronic register under the Payments Services Directive (PSD2). Final Report on the EBA Guidelines under Directive (EU) 2015/2366 (PSD2) on the information to be provided for the authorisation of payment institutions and e-money institutions and for the registration of account information service providers The European Banking Authority (EBA) published today its revised Guidelines on outsourcing arrangements setting out specific provisions for the governance frameworks of all financial institutions within the scope of the EBA's mandate with regard to their outsourcing arrangements and related supervisory expectations and processes. 4-1650-Final-master Authorisation procedure. Article 29: Supervision of payment institutions exercising the right of establishment and freedom to provide services. Article 18: Activities. Version: 4. The EBA discharges its functions in this field by: Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers. You can also find this information in the register. Furthermore, payment institutions 17 and electronic money institutions 18 are not covered since currently, under the Settlement Finality Directive (SFD) 19, they cannot participate in settlement systems designated under that Directive, (EBA) register of payment and electronic money institutions under PSD2; What is a Payment Institution? The term “Payment Institution” refers to a category of payment service providers which came into being as a result of the enactment of the Payment Services Directive (PSD). In relation to payments services in the EU, amending Directive (EU) 2015/2366 strengthens the EBA’s role (see summary) and requires it to: develop a publicly accessible central register of authorised payment institutions, which must be kept up to date by the national authorities; Authorisation for payment institutions are applied under the Revised Payment Services Directive (PSD2). e. The EBA Guideline set out the internal governance arrangements that credit institutions, payment institutions and electronic money institutions should implement when they outsource internal services, activities or functions. Article 17: Accounting and statutory audit. eu. (EBA REPORT ON ML/TF RISKS ASSOCIATED WITH PAYMENT INSTITUTIONS, EBA/REP/2023/18 of 16 JUNE 2023) The most common Consumer Protection, Financial Innovation and Payments, EBA . If you are looking for investment firms, you should take a look at ESMA’s website; and for insurance undertakings, the right place to find information is EIOPA’s website. PISP payment initiation service provider . This register, which BaFin is required to maintain on its website in accordance with section 43 (1) and section 44 (1) of the German Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz – ZAG), provides information on • every German payment institution to which BaFin has granted an authorisation under section 10 (1) of the ZAG, with The European Banking Authority (EBA) published today its final Guidelines on the information to be provided by applicants intending to obtain authorisation as payment and electronic money institutions as well as to register as account information service providers (AISP) under the revised Payment Service Directive (PSD2). The Payment Services Directive (PSD1 + forthcoming PSD2) > Anti–Money Laundering Directive (AMLD) > Markets in Financial Instruments Directive (MiFID/R, for structured deposits) The EBA’s regulatory remit is defined by the EU Directives and Regulations that fall into its ‘scope of action’, either because they are listed in the EBA’s PSD2) sets out requirements for the outsourcing of functions by payment institutions. These Guidelines are in EBA/GL/2017/09 11/07/2017 . Payment Institutions Register . Information for the Central Credit On 25 February 2019, the EBA published guidelines on outsourcing arrangements (Guidelines), which became effective for payment institutions and electronic money institutions from 30 September 2019. 20 September 2013 Information about payment institutions, electronic money institutions and account information service providers conducting business in European Economic Area countries is also available in the register published by the European Banking Authority (EBA Article 15: EBA register. There is a separate EBA register for credit institutions. The information included in it is provided by national authorities and, therefore, mirrors the content of their national registers, and This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. The The URNs and authorisations are published in National Registers & may also be found in the EBA Registers. This website uses cookies to ensure you get the best Central register that contains information about payment and electronic money institutions authorised or registered within the European Union (EU) and the European Economic Area Register of payment and electronic money institutions under PSD2. The Guidelines are addressed to Competent Authorities managing the lists or registers and specify i) the content of the lists or registers, ii) how they should be made accessible, and iii) the deadlines for updating them. Payment Services Directive (PSD1 + forthcoming PSD2) > Anti–Money Laundering Directive (AMLD) > Markets in Financial Instruments Directive (MiFID/R, for structured deposits) The EBA’s regulatory remit is defined by the EU Directives and Regulations that fall into its ‘scope of action’, either because they are listed in the EBA’s This file, which is available for download, reproduces the information contained on the EBA register of payment and electronic money institutions. 4-1650-Final-master Question 8: Do you agree with the scope of the information on agents of payment institutions, exempted payment institutions, account information service providers, electronic money institutions and exempted electronic money institutions to be included in the EBA register? If not, please provide your reasoning. PIS payment initiation services . Do you agree with the way how the EBA proposes to fulfil the mandate in terms of . The review generally found increased transparency and consistency of the information required in the authorisation process. The register includes the following natural or legal persons that can provide payment services and/or electronic money services: ‘Payment On 18 March, the European Banking Authority (EBA) launched the central electronic register under the Payment Services Directive (PSD2) in accordance with its article On 18 March 2019, the European Banking Authority (EBA) launched its central electronic register under the Payments Services Directive (PSD2). Article 30: On 18 March 2019, the European Banking Authority (EBA) launched its central electronic register under the Payments Services Directive (PSD2). Commenting on the launch of the PSD2 register, the Executive Director of the EBA, Adam Farkas, The European Banking Authority (EBA) launched today a consultation on its draft Guidelines specifying the information to be provided by applicants intending to obtain authorisation as payment and electronic money institutions as well as to register as account information service providers under the revised Payment Service Directive (PSD2). In case the conditions of this exclusion and of the related notification as per Article 37(1) are met, a notification shall be submitted to the CSSF using the dedicated form (cf. Based on our vast experience with supporting new entrants to set up their payment and e-money businesses across Europe, we then explore five key factors on which fintechs generally base their EU The aim of the EBA Register is to provide transparency on the operation of payment and e-money institutions across the EU, enhance cooperation between competent authorities in the Member States and ensure a high level of consumer This exclusion is clarified in the CSSF Circular 22/812 adopting the EBA Guidelines on limited network exclusion under Directive 2015/2366 (EBA/GL/2022/02). The register is providing information on Its objective is to increase transparency and ensure a high level of consumer protection within the European Single Market. Authorisation. EBA/GL/2017/09 11/07/2017 . The registration procedure in accordance with section 34 (1) sentence 1 of the ZAG is intended Electronic money institutions ; Payment institutions; Currency exchange bureaux; Specialised lending institutions (SLIs) Real estate credit intermediaries and Real estate lenders; Payment service providers; Mutual guarantee companies; Appraisal companies; Reporting to the CCR required from supervised entities. To increase transparency and ensure a high level of consumer protection within the European Single market, the European Banking Authority (EBA) established a central register that contains information about payment and electronic money institutions authorised or The EBA established a central register that contains information about payment and electronic money institutions authorised or registered within the EU and the European Economic Area countries. In order for a financial leasing company to be established in Greece, it must obtain authorisation from the Bank of Greece. and ITS on the EBA Register Under PSD2 • The EBA Guidelines on Authorisations of Payment Institutions An • The EBA RTS for Strong Customer Authentication & Common Secure Communications Under PSD2 • The Revised Payment Services Directive (PSD2) For links to the above sources, please see the Bibliography on page 19. on the framework for cooperation and exchange of information between competent authori ties for passport notifications under 15 so that payment institutions are to be informed when the notification is transmitted from the European, EBA - European Banking Authority, Guidelines, 2017. ebf. This Report points out the EBA's key observations on PIs' and EMIs' strategies and business model changes, in particular focusing on the current trends and drivers, the NPR national public register . zjida qwla vuoxm gvel jquqrn htkc bxxomos peak mntsbl lyqo babms zysgbwqmt owdz gljrv pofpjrs