Regulatory Reporting & Supervisory Oversight
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.