Payment Fraud Statistics

Reporting to the Central Bank of Ireland under Article 96(6) of PSD2

Reporting to the Central Bank of Ireland under Article 96(6) of PSD2

Article 96(6) of PSD2 provides that EU member states ‘shall ensure that payment service providers (PSPs) provide, at least on an annual basis, statistical data on fraud relating to different means of payment to their competent authorities’ and that the ‘competent authorities shall provide the European Banking Authority (EBA) and the European Central Bank (ECB) with such data in an aggregated form’.

The EBA guideline (and amendments) sets out the requirements applicable to PSPs and national competent authorities (NCAs) such as the Central Bank of Ireland for the collection of payment fraud statistics from 2019 onwards. The first collection of this data took place in September 2019.

This data is collected semi-annually the reporting deadline is three months after the end of the reference period (end-September in relation to H1, end-March in relation to H2). Completed returns should be submitted through the Central Bank of Ireland ONR system.

More details on this return are available in the compilation notes and the return template, which can be found below. Comments and suggestions for improvement/clarification of these compilation notes are always welcome. Please send these to [email protected].

Key project dates:

  • Reporting template and validations: 30 April 2019
  • Notes on Compilation: published 31 May 2019
  • First reporting deadline: 30 September 2019
Fraud_reporting_template | xls 1032 KB PFD - notes on compilation - v1.1 | pdf 1081 KB