(Only in Italian)
The European Payments Council (EPC) has put out for public consultation a proposal on the standardisation of QR codes for mobile initiated SEPA instant credit transfers (MSCTs) initiated by mobile devices.
This document aims to propose an univocal standard for all types of MSCTs, i.e of all payment contexts:
  • person to person;
  • consumer to business (C2B);
  • business to business (B2B);
  • business to consumer (B2C).
The proposal addresses issues related to both instant credit transfer and payments in general through this mode.
The consultation will end on 14 April 2022.
Published in the Official Journal of the European Union of 22 February 2022 the Commission Delegated Regulation (EU) 2022/244 of 24 September 2021 supplementing Regulation (EU) 2019/2033 of the European Parliament and of the Council with regard to regulatory technical standards specifying the amount of total margin for the calculation of the K-factor ‘clear margin given’ (K-CMG).
The Regulation aims to:
  • specifying the calculation of the amount of the ‘total margin required’, referred to in Article 23(2) of Regulation (EU) 2019/2033;
  • increase clarity and consistency in relation to its components;
  • clarify that the amount of the total margin required includes any collateral required by the clearing member in accordance with its margin model.
The amount of the total margin referred to in Article 23(2) of Regulation (EU) 2019/2033 shall be the required amount of collateral comprising the initial margin, variation margins and other collateral, as required by the clearing member based on its margin model of the investment firm for the trading desks subject to K-CMG.
EBA has  published its updated questionnaires used for the assessment of regulatory and supervisory frameworks of third countries, to reflect certain provisions recently introduced by the revised prudential regulation in the EU.

In the past years, the EBA has been assisting the European Commission in preparing their decisions on the equivalence of prudential regimes applicable in third country jurisdictions. Specifically, upon request by European Commission, the EBA assesses the supervisory and regulatory requirements of third country jurisdictions. The methodology used for this type of assessment is based on two questionnaires, which are also published on the EBA website:
  • a 1st step questionnaire, which provides an initial screening, focusing on the most relevant requirements and principles and identifying similar laws in place;
  • a 2nd step questionnaire, which allows for a granular and more detailed investigation of third country frameworks by identifying and mapping similar rules and provisions to the CRR and analysing the divergences.
Following the entry into force in June 2021 of the most recent updates of the CRD V and of the Capital Requirement Regulation (CRR2), the EBA has updated the questionnaires to reflect the provisions introduced by the new EU framework. The updated questionnaires will replace the old ones and will be used to conduct future assessments of the regulatory and supervisory framework of third countries.