Compliance Monitor
‘Open Banking’ and HM Treasury’s PSD2 consultation
A brave new world for third party providers is advancing in the payment services sector, while UK and EU regulatory initiatives strive to stay abreast and facilitate ongoing innovation. Brett Carr examines HM Treasury’s February consultation paper on the implementation of PSD2, along with Europe and the UK’s Open Banking initiatives.
Brett Carr is a financial services regulatory lawyer at Bond Dickinson. Contact him on brett.carr@bonddickinson.com.
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Taking a step back: what is PSD2?
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