Earlier this year, the EBA published answers to three questions that were submitted through its Q&A process.

Q&A 5100, published in February, clarifies the relationship between the EBA’s guidelines on outsourcing and section 4 of the AMLD on reliance on a third party provider.

Q&A 6048,  published in March clarifies the conditions under which Payment Initiation Service Provider (PISPs) should conduct customer due diligence.

Q&A 5818, also published in March, clarifies the conditions under which electronic money institutions and payment services providers having set up establishments in another Member State may be required to appoint a central contact point in that Member State.