EBI：评估PSD2授权制度与监管策略_市场营销策划_2024年市场报告-3月第4周_【2024研报.docx

EuropeanBankingEBIWorkingPaperSeriesDanielFoa&AntonioDavola2024-no.164AssessingtheauthorizationregimeunderPSD213/02/2024IEuropeanrnanh,nIInstituteTheEUrOPeanBankinQInStitUteTheEuropeanBankingInstitutebasedinFrankfurtisaninternationalcentreforbankingstudiesresultingfromthejointventureofEurope'spreeminentacademicinstitutionswhichhavedecidedtoshareandcrdinatetheircommitmentsandstructuretheirresearchactivitiesinordertoprovidethehighestqualitylegal,economicandaccountingstudiesinthefieldofbankingregulation,bankingsupervisionandbankingresolutioninEurope.TheEuropeanBankingInstituteisstructuredtopromotethedialoguebetweenscholars,regulators,supervisors,industryrepresentativesandadvisorsinrelationtoissuesconcerningtheregulationandsupervisionoffinancialinstitutionsandfinancialmarketsfromalegal,economicandanyotherrelatedviewpoint.TheAcademicMembersofEBIarethefollowing:1. UniversiteitvanAmsterdam,Amsterdam,TheNetherlands2. UniversiteitAntwerpen,Antwerp,Belgium3. AlmaMaterStudiorum-UniversitydiBologna,Bologna,Italy4. AcademiadeStudiiEconomicedinBucuresti(ASE)1Bucharest,Romania5. UniversitatBonn,Bonn,Germany6. TrinityCollege.Dublin,Ireland7. TheUniversityofEdinburgh,Edinburgh,Scotland8. Goethe-Universitat1Frankfurt,Germany9. FrankfurtSchoolofFinance&Management,Frankfurt,Germany10. UniversiteitGent,Ghent,Belgium11. Helsinginyliopisto(UniversityofHelsinki,Helsinki,Finland)12. Universiteit1.eiden,1.eiden,TheNetherlands13. KU1.euvenUniversity,1.euven,Belgium14. UniversidadeCatdlicaPortuguesa11.isbon,Portugal15. Universidadede1.isboa,1.isbon,Portugal16. Univerzev1.jubljani(Universityof1.jubljana,1.jubljana,Slovenia)17. QueenMaryUniversityof1.ondon,1.ondon,UnitedKingdom18. Universitedu1.uxembourg,1.uxembourg19. UniversidadCarlosIIIdeMadrid,Madrid,Spain20. UniversidadAutonomaMadrid,Madrid,Spain21. UniversidadComplutensedeMadridZCUNEF1Madrid,Spain22. JohannesGutenbergUniversityMainz(JGU)1Mainz,Germany23. UniversityofMalta,Malta24. UniversitaCattolicadelSacroCuore,Milan,Italy25. 11v11oKu11pou(UniversityofCyprus,Nicosia,Cyprus)26. RadboudUniversiteit1Nijmegen1TheNetherlands27. BINorwegianBusinessSchool,Oslo,Norway28. Universit6Panth6on-Sorbonne(Paris1),Paris,France29. UniversityPantheon-Assas(Paris2),Paris,France30. 11v11o11pa(UniversityofPiraeus,Athens,Greece)31. StockholmsUniversitet(UniversityofStockholm,Stockholm,Sweden)32. TartuUlikool(UniversityofTartu,Tartu,Estonia)33. UniversitStWien1Wien,Austria34. UniwersytetWroclawski(UniversityofWroclaw,Wroclaw,Poland)35. UniversitatZurich(UniversityofZurich,Zurich,Switzerland)SupervisoryBoardoftheEuropeanBankingInstitute:ThomasGstaedtner1PresidentoftheSupervisoryBoardoftheEuropeanBankingInstituteEnrico1.eone,ChancelloroftheEuropeanBankingInstituteEBlWOrkingPaDerSerieSEBIWorkingPaperSeriesareaprojectoftheEuropeanBankingInstitutee.V.EBIWorkingPaperSeriesrepresentaselectionofacademicresearchesintotheareaofbankingregulation,bankingsupervisionandbankingingeneralwhichhavebeendraftedbyprofessorsandresearchersofEBIAcademicMembersandselectedbytheEditorialBoard.EditOrialBOardWolf-GeorgRinge(chair),ThierryBonneau,GuidoFerrarini1ChristosHadjiemmanuil1PeterMulbert1IgnacioTirado,EddyWymeersch©2016-2023EuropeanBankingInstitutee.V.,FrankfurtamMainGermany(*,EB,)TheEuropeanBankingInstituteisaCingetragenerVerein(e.V.)underGermanlaw(§21ofGermanCivilCode)registeredinFrankfurtamMainrGermany.EBIisanon-profitorganisationestablishedexclusivelyanddirectlyforcharitablepurposesMgemeinnut2ig"withinthemeaningofnSteuerbegunstigteZwecke*intheGermantaxadministrationcode("Abgabenordnung").Allrightsreserved.AssessingtheauthorizationregimeunderPSD2:do(different)supervisorypracticespreventtheachievementofalevelplayingfieldintheEU?DANlE1.FoA&AntonioDAVOla*AbstractTheresearchaimsatempiricallyinvestigatingwhetheracorrelationcanbeidentifiedbetweenthepresenceofpaymentinstitutionsande-moneyinstitutionsauthorizedineachMemberStateandtherestrictivenessoftheSUPerViSorypracticesofindividualNCAs.Inparticular,theanalysisisaimedatascertainingwhetherthesamerisks,samerules,samesupendsionprinciplecanbedeemedtobefulfilledwithintheEuropeanpaymentsendeessectorand-ifnot-whatcountermeasurescanbetakentoreestablishcompliancewithit.BuildingonthedataavailableinthePeerrevievonauthorisationsunderPSD2ReportpublishedbytheEBA,theresearchinspectstheimpactofdifferentSUPerViSQrypoliciestogetherwithelementssuchastheoveralluFinTechfriendliness“oftheconsideredMemberStates-ontheamountofauthorizationgrantedindifferentMemberStates,andtriestoidentifywhetherthedifferentvariablesconsideredareIikClytohaveanimpactintermsofpotentialSUPCrViSoryarbitrage,henceforthreducingtheeffectivenessoftheharmonizationinterventionsintheSingleMarket.Thiswillbefunctionaltoidentifythoseareasinwhichproceduralharmonizationmightbeadvisable,aswellastopinpointweaknessesinthelevelplayingfieldmod