legislation and regulation in electronic banking
TRANSCRIPT
Legislation and regulation in electronicbankingH. VAN DE VYVER
CELUFO SNC, BRUSSELS
1E-BANKING / H. VAN DE VYVER, CELUFO SNC
Legislation
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA 2
Introduction Europe Others International
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Legislation
Introduction
Privacy
Intellectual property
Electronic signatures and electronic records
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Legislation
EuropeDirective on prospectuses
Date: May 2001
Objectives:
create a single passport for issuers offering securities to the public
available on the website or in electronic format
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
http://ec.europa.eu/internal_market/accounting/legal_framework/prospectus_directive/original_text_en.htm
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Legislation
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
EuropePersonal Data protection Act
Directive 95-46-EC
Objectives:
Free movement of personal data
Rules for the state, companies and individuals
Appropriate level of protection
http://ec.europa.eu/justice/data-protection/
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Legislation
EuropeDirective on e-money institutions
Directive 2000-46-EC; 18th September 2000
Objectives:
Promote consumer confidence in the use of e-money
Establish regulatory framework for electronic money institutions
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
Legislation
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EuropeDirective on e-money institutions
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Legislation
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
EuropeDirective on e-security
Date: 6th June 2001
Objective: ensure confidentiality and accessibility of networks and information
http://ec.europa.eu/digital-agenda/en/news/commission-proposal-directive-concerning-measures-ensure-high-common-level-network-and
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Legislation
EuropeElectronic signature act
Directive 1999-93-EC
Objective: Legal framework and technical conditions for electronic signature
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1414248022776&uri=CELEX:32014R0910
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Legislation
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
EuropeDirective on traffic
data retention
http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014R0910&qid=1414248022776&from=EN
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Legislation
Europe
Distance selling of financial services
Mutual recognition of the banking licence/prudential
supervision
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
http://ec.europa.eu/consumers/financial_services/distance_marketing/index_en.htm
Legislation and regulation in electronicbanking
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Legislation
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
Others
Electronic banking and financial transactions (Lebanon)
Circular n° 1810, 30th march 2000
Objective: modernize, regulate and organize electronic banking sector
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Legislation
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
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Legislation
17 - 19 December 2014 E-BANKING / MOSCOW, RUSSIA
International
Convention on cybercrime
Date: 23th November of 2001
Objective:
International response and coordination to challenge cybercrime and cyberterrorism
Legislation and regulation in electronicbanking
16E-banking / H. Van de Vyver, Celufo Snc