Payment Institutions
ILA Working Committees
Description
The Payment Institution Committee’s mission is to promote sound governance in Luxembourg’s payments industry, supporting business growth, driving innovation, protecting consumers, and ensuring regulatory compliance. The Committee monitors developments internationally and develops best practice adapted to Luxembourg’s financial ecosystem. Our committee is dedicated to informing and providing guidance to directors, executive management, and control functions within payments businesses regarding corporate governance requirements. This group is also responsible for assessing and influencing evolving governance regulation ensuring its effecfive and proportionate implementation. The Payment Institutions Committee is a forum for stakeholders in payments to exchange on common challenges, solutions, and to establish industry benchmarks.