European Commission Announcement of an evaluation of Directive 2015/2366/EU (PSD2) for the first quarter of 2022

Date: 12/01/2022
Source: European Commission

On 12 January 2022, the European Commission announced an evaluation of the PSD2 for the first quarter of 2022. This initiative will report on the application and impact of EU rules on payment services, as required by the review clause of the PSD2 and announced in the Commission´s retail payments strategy of 24 September 2020.
The review will pay particular attention to whether the Directive is still fit for purpose, given the emergence of new payment services and risks. If appropriate, the review report will be accompanied by a legislative proposal for amendments.