Latham’s payments specialists examine the proposed new EU payments package.

By Christian McDermott, Brett Carr, and Amy Smyth

The European Commission recently published its proposals for a new EU payments regime, which comprises the Payment Services Directive 3 (PSD3) and the Payment Services Regulation. During this one-hour webcast, we outline the purpose and contents of the proposals and highlight the key anticipated changes to the current regime. We share our initial thoughts and practical takeaways for the sector.

We also discuss the proposed Financial Data Access Regulation (FIDA), which will underpin the EU’s open finance framework, and which we intend to cover in more detail in due course.

Watch a recording of the webcast, and please contact us with any questions you might have about these developments.