ESBG submitted today its response to the European Banking Authority consultation paper on the draft revised guidelines on major incident reporting under PSD2. 
      
    
    
      ESBG
 and its members are highly supportive of the proposed revision. The 
association especially welcomes the fact that the amended guidelines 
will optimise the reporting templates and will allow payment service 
providers more time to report major incidents to National Competent 
Authorities. They also appreciate that the new reporting framework will avoid the reporting of minor incidents,
 thus shifting banks' time and resources on the really major ones. At 
the same time, ESBG  and its members called for further clarity on the 
interpretation of some criteria and definitions and recommend the 
various reporting frameworks be further aligned. They stand ready to 
further engage with the EBA in the weeks and months to come.
Full response
      
      
      
      
        © ESBG
     
      
      
      
      
      
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