The House of Commons Library has published a short Briefing Paper: “Brexit Unknowns“. The paper includes a series of questions and answers. For example: Can an Article 50 notification be withdrawn?
The Council of the European Union has published the 2nd Presidency Compromise Text version of the 5th Anti-money Laundering Directive. The text has been marked up to show how the 1st Compromise Text has been change to create the 2nd. The differences include:
The PRA has published a Consultation Paper, which proposes the adoption of a new Supervisory Statement on affirmative and silent cyber underwriting risk. The consultation closes on 14 February 2017. For these purposes, “cyber underwriting risk” means “the … prudential risks emanating from underwriting insurance contracts that are exposed to losses resulting […]
PSD2: The European Parliament as a friend of account information & payment initiation service providers
The European Banking Authority (EBA) has published a letter from the European Parliament’s PSD2 negotiating team. The team describes itself as “concerned” about the risk that the EBA’s draft Regulatory Technical Standards (RTS) on “strong customer authentication and … secure communications” will allow the banks to “exclude or limit direct access” by […]