Electronic Money Association
- Electronic Money Association
The Electronic Money Association (EMA) is the trade body representing electronic money issuers in Europe.
Background
The EMA was founded in October 2001 by a group of electronic money issuers.
Role
The EMA is the trade body representing electronic money issuers and payment institutions. It brings together payments companies, the telecommunications and transport sectors as well as specialist e-money issuers to address issues of common interest and to act in the interest of the industry as a whole. The EMA represents industry with regulators, government bodies as well as international organisations. It responds to regulatory proposals, drafts industry guidelines and acts as a forum for communication and education.
tructure
The EMA is a committee with sub-committees formed to address areas of special concern including:
* Money Laundering
* Fraud
* Online Fraud and Security
Activities
Members of the Electronic Money Association and it subcommittees meets on a monthly basis in Central London. Additionally, the EMA organizes seminars and hold an annual conference.
*The 1st EMA Conference on 'The Revision of the E-money Directive' was held in February 2006 in Brussels, Belgium.
*The 2nd EMA Conference on 'Future of Payments in Europe' was held in November 2007 in London, UK.
ee also
* Electronic money
External links
* [http://e-ma.org/ Electronic Money Association home page ]
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