Follow @EBA_News. All contributions received will be published following the close of the consultation, unless requested otherwise. In CP18/25 we consulted on new or amended rules, 3. On 27 November 2017, the European Commission adopted, on the basis of an amended draft from the European Banking Authority ("EBA"), regulatory technical standards on strong customer authentication and common and secure communication under Article 98 of Directive 2015/2366 of 25 November 2015 on payment services in the internal market ("PSD 2"). Views of the Banking Stakeholder Group 43 4.3. These final draft RTS have been developed in accordance with Article 15(4) of the PSD2, which mandate the EBA to develop draft RTS setting technical requirements on the development, operation and maintenance of the electronic central register and on access to the information contained therein. Article 15(5) of the PSD2 mandates the EBA to develop draft ITS specifying the details and structure of the information to be contained in the register, including the common format and model in which this information is to be provided by competent authorities. UK Finance PSD2 Guidance: Section 1 1 UK Finance are providing this guidance to assist the industry in implementing the requirements under the revised Payment Services Directive (PSD2) and the accompanying Regulatory Technical Standards on strong customer authentication and common and secure communication which apply from 14 September 2019. Furthermore, Article 15(1) of the PSD2 requires the EBA to develop, operate and maintain an electronic central register that contains information as notified by competent authorities. We issued a consultation (CP17/11) to reflect the Treasury’s new regulations in April 2017. 1989 0 obj <>stream The technical standards mandate the existence of at least one interface that financial institutions must provide to securely send and receive information from PISPs/ AISPs. Member states then had two years to incorporate the directive into their national laws and regulations. Find links to implementing and delegated acts for Directive 2015/2366 on payment services. 0000001652 00000 n h�b```�^fF``a`b�# � Hier fassen wir für Sie den Stand der Arbeiten der EBA (per 15. But where a client agrees to a direct debit by means of an electronic mandate, strong customer authentication requirement will nonetheless apply, since the direct debit qualifies as an action that the payer (client) carries out through a remote channel, which may imply a risk of fraud (EBA, Draft Regulatory Technical Standards on Strong Customer Authentication and common and secure communication under Article 98 of Directive 2015/2366 (PSD2): Final report, 23 February 2017, p. 7). 0000015609 00000 n The regulatory output in this section includes the technical standards and guidelines under the revised Payment Services Directive (PSD2); the mandate conferred on the EBA in the Interchange Fee Regulation (IFR); the EBA Guidelines on the Draft regulatory technical standards on strong customer authentication and common and secure communication under Directive 2015/2366 (PSD2) 13 4. They would then apply in September 2019 , leaving 18 months to the payment industry to get ready for this new state of play. 0000007156 00000 n This, in turn, allows market participants to automatically search and retrieve the information needed. The ITS specify the type of information that will be contained in the register from a pre-defined list of institutions that is provided by the PSD2 itself, including: Through the EBA Register, users can access more details about the above institutions, such as their date of authorisation/registration, commercial names and the cross-border services that they provide.