Published date: 5 January 2017

Commission intention to partially endorse and amend the draft Regulatory Technical Standards submitted by EBA with regard to establishing the requirements to be complied with by payment card schemes and processing entities to ensure the application of independence requirements in terms of accounting, organisation and decision-making process in accordance with article 7 of Regulation (EU) No 2015/751

Brussels, 5 January 2017
COM P/D 1/DF/lb D(2017) 000832

Mr. Andrea Enria
Chairperson
European Banking Authority
One Canada Square (Floor 46) Canary Wharf
London E14 5AA United Kingdom

Subject: Commission intention to partially endorse and amend the draft Regulatory Technical Standards submitted by EBA with regard to establishing the requirements to be complied with by payment card schemes and processing entities to ensure the application of independence requirements in terms of accounting, organisation and decision-making process in accordance with article 7 of Regulation (EU) No 2015/751.

Dear Mr. Enria,

Thank you for submitting the draft Regulatory Technical Standards with the requirements to be complied with by payment card schemes and processing entities to ensure the application of independence requirements in terms of accounting, organisation and decision-making process in accordance with Article 7 of Regulation (EU) No 2015/751 on 26 July 2016 ('the draft RTS').

We would li