EBA’s response to the Call for Advice on the review of the PSD2
date: 02/09/2022
In relation to AML/CFT, the EBA proposed some amendments that would help address unwarranted de-risking practices by banks affecting payment and e-money institutions. It also reflects on the interplay between PSD2 and AMLD, in particular, it questions the inclusion of account information service providers as obliged entities under AMLD. The proposal suggests that certain aspects of the passporting regime should also be clarified, including the nature and status of agents and distributors of electronic money institutions.