Ecosystem map 226 –
The Bank of Greece has created the FinTech Innovation Hub to facilitate communication and provide information on regulatory matters within its jurisdiction.
Ecosystem map 147 – National Bank of Romania (NBR)
Licensing for Credit Institutions: To operate in Romania, credit institutions must be authorized by the NBR. This involves approval for establishment, registration at the Trade Register, and authorization for functioning. Activities covered include deposits, lending, financial leasing, payment services, and issuance of electronic money.
Ecosystem map 148 – National Bank of Romania (NBR)
Regulation of Non-Banking Institutions: Non-banking financial institutions are regulated under Law Number 93/2009, which outlines their legal form, scope of business, share capital requirements, and NBR supervision.
Ecosystem map 149 – Financial Supervisory Authority of Romania (RO ASF)
AML(Anti-Money Laundering) and KYC(Know-Your-Customer) Obligations: Fintech companies, including crypto exchanges and digital wallet providers, must adhere to EU and national AML/KYC regulations. Law no. 129/2019 outlines requirements for preventing money laundering and terrorist financing.
Ecosystem map 150 – National Bank of Romania (NBR)
E-Money Institutions: The sector for issuing electronic money is governed by Law Number 210/2019, supplemented by NBR Regulation no. 5/2019.
Ecosystem map 94 – Central Bank of Ireland
The Central Bank of Ireland is the regulator of financial services in Ireland, ensuring businesses operate within the European FinTech regulatory environment and leading discussions with their innovation hub and stakeholders to develop regulations
Ecosystem map 95 – Central Bank of Ireland
Per Central Bank regulations, for those investing in crypto-assets, all Virtual Asset Service Providers (VASP) established in Ireland are required to reigster with the Central Bank for anti-money laundering and countering the financing of terrorism (AML/CFT) purposes
Ecosystem map 97 – Central Bank of Ireland
The Individual Accountability Framework (IAF) is intended to confer powers on the Central Bank to strengthen and enhance individual accountability in the management and operation of regulated financial service providers (each an RFSP).
Ecosystem map 66 – Authority of financial markets (AFM)
Responsible for supervising the operation of financial markets, registering parties and giving outl licenses for Crowdfunding and several other instruments
