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How payments professionals can engage more effectively with regulatory colleagues: A short guide to technical advocacy

Author

Listed:
  • Wandhöfer, Ruth

    (Citigroup, UK)

Abstract

This paper examines the European Union (EU) decision-making process around financial legislation, with a particular focus on the payment services industry. Given the plethora of regulatory requirements emanating from the EU, it is important to understand the procedures and processes that lead to legislation. In that regard, the advice of industry experts is key and, therefore, this paper explores ways of applying and sharing expert knowledge at a technical level in appropriate ways. The engagement process and opportunity to influence and shape legislation is discussed in detail, with a view to enabling improved dialogue between market participants and those responsible for developing policy at EU level.

Suggested Citation

  • Wandhöfer, Ruth, 2013. "How payments professionals can engage more effectively with regulatory colleagues: A short guide to technical advocacy," Journal of Payments Strategy & Systems, Henry Stewart Publications, vol. 7(3), pages 211-216, August.
  • Handle: RePEc:aza:jpss00:y:2013:v:7:i:3:p:211-216
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    More about this item

    Keywords

    European legislation; payments; technical advocacy; EU decision-making;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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