EBA updated its online Interactive Single Rulebook and Questions and Answers (Q&A) tool with the inclusion of the second Payment Services Directive (PSD2). Users will now be able to review on the EBA website the final technical standards and guidelines associated with PSD2 by navigating through the Directive on an article by article basis. The inclusion of the PSD2 into the Q&A tool will also allow users to submit any questions they may have on the application of PSD2 and the related work of EBA.
The purpose of the Q&A tool is to support the consistent and effective application of the EU regulatory framework for the banking sector. The Q&A tool also contributes to the completion of the legislative framework by ensuring any remaining regulatory loopholes are addressed. The process is based on close and ongoing interaction with EC so that responses in the Q&A tool are fully consistent with the EU legislative texts.
Keywords: Europe, EU, Banking, PMI, PSD 2, Interactive Single Rulebook, Q&A, EBA
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