Consultation on Regulatory Technical Standards on CCP (central contact point) to strengthen fight against financial crime

Responses to the consultations can be sent to the European Banking Authority. All contributions received will be published after the consultation closes, unless requested otherwise. Deadline for submitting responses: 04/02/2025 at 23:59.

Payment service providers (PSPs), electronic money issuers (EMI), and crypto-asset service providers (CASPs) that are authorised in an EU Member State can operate establishments in other, host, Member States. Once established, PSPs, EMIs and CASPs have to comply with local AML/CFT obligations. This is the case even if their establishments are not ‘obliged entities’ themselves.

To facilitate AML/CFT supervision in such cases, host Member States may require PSPs, EMIs or CASPs to appoint a central contact point (CCP) in their territory. A CCP acts on behalf of the appointing institution and ensures compliance with local AML/CFT obligations.

Article 45(10) of Directive (EU) 2015/849 requires the EBA to develop draft regulatory technical
standards setting out:

. the criteria for determining the circumstances in which the appointment of a central
contact point is appropriate, and

. the functions of central contact points.

A first version of such draft regulatory standards was issued in 2017. They were published in the
Official Journal of the EU in 2018. Since their scope was limited to PSPs and EMIs, the co-legislator
amended Article 45(9) of Directive (EU) 2015/849 on 9/6/2023 to extend it to CASPs. The EBA
decided to update and amend the Commission Delegated Regulation (EU) 2018/1108 in this regard.

Next steps
The draft regulatory technical standards are published for a two-month public consultation. The
EBA will finalise the draft regulatory technical standards once the consultation responses have been
assessed. The final report on draft regulatory technical standards is envisaged to be published in
Q2, 2025.

More details here: Consultation Paper
Draft Regulatory Technical Standards amending Commission Delegated Regulation (EU) 2018/1108 on the criteria for the appointment of central contact points for electronic money issuers and payment service providers and with rules on their functions under Article 45(10) of Directive (EU) 2015/849