Community
Final draft released earlier today of PSD2 RTS on SCA and CSC. It is still a 'draft' as it could yet be amended by the European Parliament, but failing that it will be transposed to national law late 2018 or possible early the following year. Notable amendments (including those flagged earlier in the week):
So thats it. Some increase in flexibility versus the consultation paper released last August. Fintechs will still find it relatively restrictive and will need to find some innovative ways of invoking the exemptions. Banks probably relatively happy I suspect. The industry can get on with implementing it now.
Initial thoughts and comments welcome.
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Parminder Saini CEO at Triple Minds
19 June
Mathieu Altwegg SVP Head of Product and Solutions Europe at Visa
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Frank Moreno CMO at Entersekt
18 June
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