PSD2 applications

The Second Payment Services Directive (PSD2) is a fundamental piece of payments-related legislation in Europe that came into force on the 13th January 2018.  PSD2 imposes a range of new requirements onto existing and prospective payment service providers. Learn more about PSD2 here.

All existing payment service providers need to be re-authorised or re-registered to continue providing such services.

Firms that require re-authorisation include:

  • Authorised Payment Institions (APIs); and
  • Authorised Electronic Money Institutions (AEMIs).

Firms that require re-registration include:

  • Small Payment Institutions (SPIs); and
  • Small Electronic Money Institutions (Small EMIs).

Our consultants are well versed in the intricacies of PSD2 and the Payment Services Regulations 2017. We remain up-to-date on developments in the payments and FinTech space, enabling  us to provide  tailored advice and assistance in preparing firms for authorisation, re-auhorisation, registration and re-registration.

Do contact us to book a consultation to assess the impact of PSD2 on your firm and how we can be of assistance.

 

 

PSD2 applications