Response to consultation on proposed RTS in the context of the EBA’s response to the European Commission’s Call for advice on new AMLA mandates

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3a: What will be the impact, in terms of cost, for credit and financial institutions to provide this new set of data in the short, medium and long term?

see Position Paper "Joint Trade Association Feedback" sent to  EBA-Consultation (EBA.Consultation@eba.europa.eu)

Question 10: Do you agree with the proposals as set out in Section 7 of the draft RTS? If you do not agree, please explain your rationale and provide evidence of the impact this section would have, including the cost of compliance, if adopted as such?

see Position Paper "Joint Trade Association Feedback" sent to  EBA-Consultation (EBA.Consultation@eba.europa.eu)

Name of the organization

Prepaid Association of Germany on behalf of a coalition of industry associations