What is the PSD?
The Payment Services Directive (PSD) is no doubt the largest piece of payment industry legislation ever undertaken by the European Commission to harmonize payment services across the EU/EEA and to provide a consistent legal framework for both payment service providers and users. It defines who can provide payment services in the EU/EEA and what regulatory authorizations are required, what are the requirements regarding information provision and transparency as well as the respective rights and obligations of payment service providers and users.
Countdown to the PSD - 1 November 2009
Edgar, Dunn & Company (EDC) has been actively supporting clients (banks as well as non-banks) regarding the implications from the PSD on their payments business, both from a compliance and strategic perspective.
EDC has been right at the forefront of the latest developments on this topic, having direct dialogues on the PSD transposition with the European Commission Services in Brussels as well as with national authorities and industry bodies in different markets (e.g. UK, France, Netherlands, Belgium, Hungary, ..); in addition, we have been and still are actively participating in the different consultation processes around Europe on the PSD transposition.
Training Partners
Corporate Training Partnerships is an award winning company that specialises in training solutions for the financial services sector. By working with banks, building societies, stock brokers, insurance companies, mortgage brokers and Lloyd's CTP have developed expertise which is second to none. Click to see how CTP can help your business to achieve its goals and objectives.
