Payment companies operating in the EU face a complex regulatory landscape, including the revised Payment Services Directive (PSD2) which introduces requirements for strong customer authentication, open banking, and third-party access to payment accounts.
The key compliance challenges include regulatory compliance with FCA rules on client money handling, anti-money laundering (AML), KYC, market abuse, and reporting requirements. Firms must also comply with the Markets in Financial Instruments Directive II (MiFID II) for transparency, investor protection, and market integrity.
Your Complimentary Checklist
The EU Payments checklist provides a detailed coverage of the EU payment systems regime including the Payment Services Directive 2 (PSD2) and Single Euro Payments Area (SEPA) regulations.
Download the checklist
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