22 September 2016

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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 …

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EBA consults on technical standards on fee terminology and disclosure documents under the Payment Accounts Directive

The European Banking Authority (EBA) published today a consultation paper on draft technical standards setting out the standardised terminology for services linked to a payment account, the standardised format and common symbol of both the fee information document (FID) and the statement of fees (SoF). These technical standards are aimed at enhancing the comparability of …

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