FCA Unlikely To Revisit 18-Month Strong Authentication Delay

The Financial Conduct Authority (FCA) has not ruled out altering its 18-month enforcement delay of new security rules for online card payments, but says its focus is making sure that its position benefits the industry in the UK.

The European Banking Authority (EBA) is soon expected to announce a harmonised transition period for enforcing the regulatory technical standards (RTS) on strong customer authentication (SCA), after opening the door in June to delays at national level.

Request a Free Trial

As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.

Take a Trial