Text of PSD2 Adopted by European Parliament

On October 9, 2015, the European Parliament published the provisional text of the proposed directive repealing and replacing the Payment Services Directive (2007/64/EC), known as PSD2.

PSD2 will need to be formally adopted by the Council of the EU and will then be published in the Official Journal of the EU, after which date there will be a 2-year implementation period for member states.