The PSD2 was finalised by the Council of Ministers on 16 November 2015.
As stated in the press release from the Council of the European Union:
The regulation was adopted at a meeting of the Agriculture and Fisheries Council, without discussion.
For more information on the key issues covered by PSD, please note the following:
- The continued lack of clarity on the use of the ‘limited network’ / ‘limited goods and services’ exclusion
- The rules around Third Party Payment Service Providers being granted access to customer accounts held with other PSPs.
- The increase in security obligations.