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.

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