Commission Delegated Regulation (EU) 2021/1722 on cooperation and information exchange for cross-border payment supervision

The European Commission adopted Delegated Regulation (EU) 2021/1722 to establish regulatory technical standards for cooperation and information exchange between competent authorities supervising payment and electronic money institutions providing cross-border services. The regulation mandates the designation of single contact points, standardizes communication via specific forms, and sets a twenty-working-day deadline for responding to information requests. It further defines procedures for coordinating on-site inspections and requires host member states to specify reporting formats and languages for periodic data submission by foreign institutions.

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Source: European Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works