PSD2 moves a step closer to being finalised

PSD2 Eu Parliament adoption

The revised Payment Services Directive (PSD2) has now been adopted by the European Parliament, clearing the way for its approval in the near future by the EU Council of Ministers and subsequent publication in the Official Journal.

Given this timeline, it is likely that those impacted by the changes will have until the later part of 2017 to implement the revised directive.

PSD2 proposes to bring about many changes to the operation of payment services in the EU. Some of the key issues include:



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