27 July 2016

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Commission seeks advice on EU FinTech sector and its players

The European Commission has published a call for tenders for a service contract to conduct a study on the Fintech sector with a total price that cannot exceed 350 000 Euros. The study is entitled “Overview of the European Finch sector (SMART 2016/0042) and the objective of the contract is to better understand the fintech …

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European Commission launches public consultation on personal pensions

The European Commission launched a public consultation to ask individuals (citizens, pensioners, students) about their interest in, and their intention to save more for retirement through personal pensions. The consultation also seeks stakeholders’ views (companies, representative associations and governments) about possible EU action to offer personal pensions to individuals which are simple, affordable, transparent and …

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EBA publishes RTS on preferential treatment in cross-border intragroup financial support

The European Banking Authority (EBA) issued its final draft Regulatory Technical Standards (RTS) on criteria for the application of a preferential treatment in cross-border intragroup credit or liquidity lines, or within an IPS. These RTS further specify the additional criteria listed in the in the context of the liquidity coverage ratio (LCR) Delegated Act for …

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EBA publishes technical standards on separation of payment card schemes and processing entities

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) specifying the requirements with which payment card schemes and processing entities must comply to ensure the independence of their accounting, organisation, and decision-making processes. These final draft RTS aim at facilitating greater competition among processing services providers, supporting the general objective …

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