European Union Banking Regulation
Posted in EU Info on 10/06/2010 11:23 pm by admin
why do paypal ask for additional information if you make over £4500 over the whole time you been with them?
there asking me to verify my bank and i dont no why? ive verified my address and i thought id verifyed my bank before but then recently i went into my account and it had this msg:
Why do I need to provide additional information about my account?
We require additional information about your account for the following reason(s):
21 Jun. 2007: You have received £4,500.00 GBP or more in total payments to your PayPal account.
PayPal is required by law to comply with European Union Anti-Money Laundering regulations by collecting information from customers when they receive more than the set limit in total payments. These steps need to be completed within 180 days to comply with this regulation.
If you have any trouble completing the steps, please feel free to contact Customer Service on 08707 307 191.
We appreciate your business and apologise for any inconvenience.
why is this???
I suspect the best place to ask this is with paypal. I mean, I’m just saying. How would anyone here know?
There are money laundering precautions everywhere. That’s just the world we live in. But I would DEFINITELY call paypal directly and ask, because there are also spoof emails that APPEAR to come from paypal but are actually people fishing for your information for identity theft. This sounds as if it may be. Call them.
EU’s Barnier fears ‘death of Europe’ if no purpose found
|
|
The Integration of European Financial Markets: The Regulation of Monetary Obligations (UT Austin Studies in Foreign and Transnational Law) $125.00 No description available… |
|
|
Hedge Fund Regulation in the European Union: Current Trends and Future Prospects (International Banking and Finance Law) $189.25 While hedge funds have been part and parcel of the global asset management landscape for well over fifty years, it is only relatively recently that they came to prominence as one of the fastest growing and most vigorous sub-sectors of the financial services industry. Despite their growing significance for global and European financial markets, hedge funds continue enjoying a sui generis regulatory… |
|
|
EU Prospectus Law: New Perspectives on Regulatory Competition in Securities Markets (International Corporate Law and Financial Market Regulation) $129.01 Pierre Schammo provides a detailed analysis of EU prospectus law (and the 2010 amendments to the Prospectus Directive) and assesses the new rules governing the European Securities and Markets Authority, including the case law on the delegation of powers to regulatory agencies. In a departure from previous work on securities regulation, the focus is on EU decision-making in the securities field. He… |