This update concerns prudential capital requirements regulation for credit institutions and investment firms, which falls outside the payments-specific scope of the taxonomy.
Payment Processors (12%)While banks provide payment accounts, this update addresses capital adequacy and risk management requirements rather than account access, use, or payment protections.
The amendment modifies the CRR Implementing Regulation affecting capital adequacy and risk management for credit institutions and investment firms, which relates to prudential standards, though the specific payment-firm focus is unclear.
Supervision (55%)The update involves supervisory reporting standards and regulatory oversight of financial institutions, but the source material lacks specific details on the amendments, making secondary classification uncertain.
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