Central Bank Dear CEO letter - Supervisory Expectations for Payment and Electronic Money (E-Money) Firms
December 2021On 9th of December 2021, the Central Bank issued a Dear CEO letter which sets out the Central Bank’s expectations for all Payment and E-Money firms, including the actions it expects the Boards and senior management of these firms to undertake. Specifically, each of the below items were included:
- Governance and Risk Management
- Business Model and Financial Resilience
For the full letter please see:
Supervisory Expectations for Payment and Electronic Money (E-Money) Firms
By: Eilish Larkin - Regulatory Consultant