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The European Banking Authority (EBA) today published its peer review on authorisation of payment institutions and e-money institutions under the revised Payment Services Directive (PSD2). The review generally found increased transparency and consistency of the information required in the authorisation process. However, it also identified significant divergences in competent authorities’ assessment and the degree of scrutiny of applications. The review, therefore, sets out a series of measures to address such divergencies, to level out the supervisory playing field and to mitigate against ‘forum shopping’.

The European Banking Authority (EBA) today updated the JSON files within the taxonomy package. The updates are limited to the JSON files and, therefore, only impact the XBRL-CSV reporting documents.  To identify columns, a data point identifier is being used instead of a data point version identifier.