European Banking Authority

TechREG Weekly: Global Agencies Call for Stablecoin Regulation as Prices Collapse
TechREG Weekly: Global Agencies Call for Stablecoin Regulation as Prices Collapse
May 13, 2022  |  Regulation

The price drop in stablecoin TerraUSD and the collapse in its associated cryptocurrency LUNA has triggered a global call for stablecoin regulation. From the U.S....

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EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
May 12, 2022  |  Bank Regulation

The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators,...

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European Banking Authority: Banks Don’t Need Extra Crypto Protections Yet
European Banking Authority: Banks Don’t Need Extra Crypto Protections Yet
April 29, 2022  |  Bank Regulation

The European Banking Authority (EBA) said in its response to the European Commission’s Call for Advice that banks don’t need cryptocurrency protections — yet, according...

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EU Policymakers Question ‘Resource Intensive’ Crypto Monitoring Proposals
EU Policymakers Question ‘Resource Intensive’ Crypto Monitoring Proposals
April 27, 2022  |  Regulation

There are new European Union proposals which purport to monitor crypto transactions with unhosted wallets, which could reportedly breach the risk-based approach that is being...

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TechREG Weekly: Crypto Community Steps Up Efforts to Influence Lawmakers 
TechREG Weekly: Crypto Community Steps Up Efforts to Influence Lawmakers 
April 22, 2022  |  Regulation

After months of reading how lawmakers around the world are proposing new crypto regulations, crypto firms have decided to organize themselves to have a say...

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EU Banking Authority Payment Fraud Consult May Impact PSD2
EU Banking Authority Payment Fraud Consult May Impact PSD2
April 18, 2022  |  Bank Regulation

The European Banking Authority (EBA) on Tuesday, April 19 will close a public consultation launched in January to better understand certain trends of payment fraud...

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EBA: Asylum Seekers Needlessly Blocked by EU Banks
EBA: Asylum Seekers Needlessly Blocked by EU Banks
January 05, 2022  |  International

The European Banking Authority (EBA) says banks in the European Union are blocking asylum seekers and other customers in misguided attempts to adhere to anti-money...

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UK’s FCA Scraps 90-Day Reauthentication Open Banking Rule
UK’s FCA Scraps 90-Day Reauthentication Open Banking Rule
December 02, 2021  |  Banking

The U.K.’s Financial Conduct Authority (FCA) has scrapped the 90-day reauthorization requirement, a move seen as a boon for the open banking sector. Currently, consumers...

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European Banking Authority Proposes Steps To Support RegTech Adoption
European Banking Authority Proposes Steps To Support RegTech Adoption
June 29, 2021  |  Regulation

In a new report, the European Banking Authority (EBA) outlined proposals to encourage the adoption and use of RegTech in the EU — which, its...

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