On May 21, 2019, the Ministry of Finance issued a public consultation on amendments to the Payment Systems Act in light of the adoption of Regulation (EU) 2019/518 on cross-border payments (the...
On May 9, 2019, the Financial Supervisory Authority (Finanstilsynet) published a risk and vulnerability analysis report on the financial sector's use of information and communications technology ...
PSD2 entered into force on January 13, 2018 repealing Directive 2007/64/EC (PSD1).  The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, introduced new obligations...
On November 27, 2018, the Bank of Lithuania launched a public consultation seeking feedback in regard to the need and conditions for open banking in the country, following regulatory changes made...
On September 4, 2017 the Ministry of General Government Affairs and Finance of Liechtenstein proposed a consultation for the transposition of the revised Payment Services Directive (PSD2). The...
On May 1, 2019, the Open Banking Implementation Entity (OBIE) released Open Banking Standard version 3.1.2, which enables enhanced features and functionality, extending beyond basic compliance with...
On April 26, 2019, the European Banking Authority (EBA) published clarifications to the third set of issues (VIII to XIII) that had been raised and discussed by participants of its working group on...
On April 24, 2019, the European Banking Authority (EBA) published an opinion on the nature of passport notifications of payment institutions and electronic money institutions using agents and...
On April 17, 2019, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) announced that, as of September 14, 2019, Article 55(1) of the Payment...
On April 5, 2019, the Open Banking Implementation Entity (OBIE), in collaboration with UK Finance, published a document entitled "PSD2 Contingency Exemption Form Illustrative Answers - Publication...
On April 1, 2019, the European Banking Authority (EBA) published clarifications to the second set of issues raised and discussed by participants of its working group on application programming...
On March 28, 2019, the Finnish Financial Supervisory Authority (FIN-FSA) announced the commencement of the time framework within which account servicing payment service providers (ASPSPs) will be...
The European Banking Authority (EBA) is consulting on the draft regulatory technical standards (RTS) which set the technical requirements on development, operation and maintenance of the electronic...
The Open Banking Implementation Entity (OBIE) has released an update to version 3.1 of the Open Banking Standard published in November 2018. The update provides clarifications to the previous...
On March 11, 2019, the European Banking Authority (EBA) published clarifications to the first set of issues that had been raised and discussed by participants of its working group on application...
On February 15, 2019, the Norwegian government published the Regulation on Systems for Payment Services, which was adopted by the Ministry of Finance on the same day. The regulation is part of a...
On February 26, 2019, the National Bank of Ukraine (NBU) announced the start of a comprehensive analysis of all components of the payments landscape of the country, to assess how the payments...
On February 25, 2019, the Swedish Financial Supervisory Authority (Finansinspektionen – FSA) notified the European Banking Authority (EBA) that it intends to fully comply with, and apply within the...
The Dutch Ministry of Finance and the Ministry of Security and Justice have published a consultation on the draft payment legislation which will implement the revised Payment Services Directive ...
On February 1, 2019, the Open Banking Implementation Entity (OBIE) published its Operational Guidelines and accompanying Checklist, with the aim of providing clarification and recommendations to...

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