MLD4 Regulation on central contact points published in OJ

Commission Delegated Regulation (EU) 2018/1108 has been published in the OJ. This Regulation sets out RTS relating to the criteria for determining when it may be appropriate to require electronic money issuers and payment service providers who have certain cross-border operations to appoint a central contact point for a particular territory.  The RTS also address the functions a CCP must have, including to ensure compliance with AML and CTF requirements, and to facilitate supervision by NCAs.

The Regulation comes into force on 30 August 2018.