EBA consults on Guidelines on professional indemnity insurance or comparable guarantee for payment initiation and account information services providers
The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on the criteria Competent Authorities should consider when stipulating the minimum monetary amount of the professional indemnity insurance (PII) or comparable guarantee for payment initiation and account information service providers under the revised Payment Service Directive (PSD2). The consultation runs until 30 …