EBA, ECB and national supervisors sign an MoU to strengthen cooperation and information sharing in support of non-bank payment service providers’ access to central bank payment systems 

The new MoU establishes the EU’s first unified framework for real-time information sharing on non-bank PSPs, allowing supervisors and central banks to jointly monitor safeguarding breaches, governance issues and operational disruptions – the agreement aims to curb regulatory arbitrage and cross-border fraud, closing long-standing oversight gaps…