WSBI ESBG
Payments
Payments: steady, safe, sovereign
The emergence of EU-wide cross-border instant payment solutions
European policymakers are particularly keen on ensuring that future developments in the field of instant payments lead to the emergence of EU-wide cross-border instant payment solution(s) in euros, due to fears that foreign governments could hold leverage over the EU if global companies from non-European countries, as service providers with global market power, will not necessarily act in the best interest of European stakeholders.
Payment Accounts Directive
It is very easy for consumers to change accounts due to the account switching services, especially since the implementation of the Payment Account Directive 2014/92, which specifies the requirements for account switching services within the European Union.
Our latest content on Payments
PSD2 review must seek fair distribution of value and risk among all market participants
ESBG submitted its response to the European Commission (EC)’s targeted consultation on the review of the revised payment services Directive (PSD2) on 15 July. In it, ESBG and its members stated that…
European Commission review of the Mortgage Credit Directive
SBG sent its response to the European Commission questionnaire on what to include in the upcoming Review of the Mortgage Credit Directive (MCD).
Clear and fair rules for the use of machine learning in Internal Rating Based models
The European Savings and Retail Banking Group welcomes the initiative of the European Banking Authority to discuss the implications of the use of machine learning in the internal rating based models…
Call to EBA for equal treatment of actors when accessing consumer payment accounts
The European Savings and Retail Banking Group (ESBG) welcomes the opportunity to respond to the public consultation from the European Banking Authority (EBA) on the amendment of its Regulatory…
ESBG response to consultation on Pillar 3 disclosure of IRRBB
ESBG proposes to further delay the disclosure of the net interest income (NII) risk measures until the EBA requirements for these NII risk measures are specified.
ECB and ESBG committed to a successful Digital Euro
BRUSSELS, 15 July 2021 – ESBG welcomes the decision of the Governing Council of the European Central Bank (ECB) to launch the investigation phase of the digital euro project as announced by the…
