European Banking Authority (EBA)

125 results about this entity

Period: 28 Feb 2012 - 30 Apr 2024

EBA publishes PSD2 API clarifications

The European Banking Authority (EBA) published today clarifications to the first set of issues that had been raised and discussed by participants of its Working Group (WG) on APIs under PSD2, which met for the first time on 21 February 2019.

/regulation

EBA harmonises outsourcing rules

The European Banking Authority (EBA) has revised its guidelines on outsourcing in an effort to help financial institutions apply a single framework for all their banking, investment and payment activities and services.

EBA urges EU rules on crypto-assets

The European Banking Authority is calling on the EU to look into whether there should be a block-wide regulatory approach to crypto-assets.

UK payment institutions warned of threat from cliff edge Brexit

The European Banking Authority has warned of the dangers to UK payment institutions in the event of a no-deal Brexit.

EBA given sweeping new powers to tackle money laundering abuses at EU banks

The European Commission is proposing to hand the European Banking Authority sweeping new powers to crack down on money laundering following a spate of scandals at a number of major banks.

EBA revises final guidelines on fraud reporting under PSD2

The European Banking Authority (EBA) published today its final Guidelines on fraud reporting under the revised Payment Services Directive (PSD2).

Regulators need to adopt a more pro-competitive stance to fintech - EU Parliament

EU regulatory bodies are failing to address competition issues in their public policy towards fintech developments in financial services, according to a report prepared for the European Parliament.

EBA warns banks on being too passive or proactive on fintech

As they seek to steer a course through the new fintech environment, financial services firms must beware the risks to their business models of both being too passive and too gung-ho in their embrace of new technologies, says a European Banking Authority report.

EBA clarifies issues around authentication and data sharing under PSD2

The European Banking Authority (EBA) published today an Opinion on the implementation of the regulatory technical standards (RTS) on strong customer authentication (SCA) and common and secure communication (CSC), which will apply from 14 September 2019. In the Opinion, the EBA clarifies a number of issues identified by market participants and Competent Authorities (CAs) to assist in this implementation.

European Banking Authority to establish Fintech Knowledge Hub

The European Banking Authority is to establish a Fintech Knowledge Hub as part of its Roadmap for getting to grips with new tech-led developments in financial services.

EBA chair unconvinced on cryptocurrency regulation; talks up 'fintech roadmap'

The head of the European Banking Authority says that he has "yet to be convinced" that cryptocurrencies should come under the full scope of regulation.

European regulators warn on cryptocurrency risks

The European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) (hereafter referred to as ‘the three ESAs’) are warning consumers on the high risks of buying and/or holding so-called Virtual Currencies (VCs).

Banks cite cyber security and outsourcing as operational risk concerns grow

More than half of European banks foresee an increase in operational risk as the fintech revolution brings concerns about cyber-security, IT failures and outsourcing problems to the fore, according to research from the EBA.

EBA publishes final guidance on supervision of significant branches

The European Banking Authority (EBA) publishes today its final Guidelines on the supervision of significant branches.

New EC rules could enable banks to increase their software spending

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

EBA reviews regulatory regime in light of fintech

The European Banking Authority is stepping up its scrutiny of new fintech-related advances in financial services provision, promising to identity and close gaps in supervision.

EBA consults on fraud reporting requirements under PSD2

The European Banking Authority (EBA) launched today a public consultation on its draft Guidelines on reporting requirements on statistical data on fraud under the revised Payment Services Directive (PSD2).

Consumer groups and fintech firms at loggerheads over screen scraping

European consumer interest group BEUC has waded into the screen-scraping debate, urging banking authorities to ban the practice in favour of the creation of a harmonised interface for customer data sharing.

EBA publishes guidelines on professional indemnity insurance under PSD2

The European Banking Authority (EBA) published today its final Guidelines under the revised Payment Services Directive (PSD2), on the criteria on how to stipulate the minimum monetary amount of the professional indemnity insurance (PII) or other comparable guarantee for payment initiation services (PIS) and account information services (AIS).

European Fintech Alliance hits back at EBA over screen-scraping

The Future of European Fintech Alliance – Commenting on EBA’s opinion on the European Commission’s amendments to the RTS on authentication and communication under PSD2