EPSPs are subject to ongoing regulatory reporting to ensure compliance with prudential, operational, and AML/CFT standards. The CBI maintains a supervisory role through inspections, audits, data requests, and periodic evaluations of EPSP performance. Regulatory reporting ensures transparency across transaction volumes, risk exposures, system incidents, and consumer complaints.
Reporting Requirements
Transaction volume and value statistics
Merchant and customer onboarding reports
Operational incident and outage reports
AML and suspicious activity reports
Financial and capital adequacy reports
Supervisory Oversight Tools
On-site inspections
Off-site monitoring of submissions
Audit reviews and compliance meetings
Corrective action plans and follow-up reviews
CBI compliance
Submit reports within specified deadlines
Maintain complete audit and inspection data
Notify CBI of material events and incidents
Respond to supervisory recommendations and inquiries
Maintain updated compliance documentation
How Etihad Can Assist
Etihad provides legal and regulatory advisory services to banks, financial institutions, and businesses, supporting compliance with applicable laws, regulations, and regulatory guidance issued by any competent authorities.