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EU and Irish banking and payments: December 2025 regulatory developments—CBI PI/EMI newsletter, EBA RTS/ITS, operational risk reporting, digital euro, payment fraud, CSDR and CRD IV

Published on: 13 April 2026

Published by a LexisNexis Ireland - Banking & Financial Services expert
Legal News
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Article summary

Domestic CBI publishes first edition of Payment and E-Money Newsletter

The newsletter aims to deliver updates on significant regulatory developments across the payments and e-money sectors and to signpost relevant forthcoming changes.

Topics featured in the newsletter include:

  • Safeguarding thematic inspection — the CBI shares findings from a thematic examination of safeguarding across payment institutions (PIs) and e-money institutions (EMIs). The assessment considered the operational effectiveness of safeguarding procedures and the robustness of control frameworks within those firms
  • Customer service — following an evaluation of customer experience through the lens of complaints, the CBI sets out its expectations for customer service, including in the context of the updated Consumer Protection Code (CPC)
  • Fitness and probity — the CBI reminds PIs/EMIs:
    • of the obligation to appoint a designated responsible person to the PCF-56 Head of Safeguarding role following changes to the list of pre-approval-controlled functions (PCFs) in November 2025, with further details to be issued by the CBI in 2027
    • to adhere to the updated evidential requirements for fitness and probity assessments as outlined in the revised Fitness and Probity Guidance...

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