EBA Publishes Final Draft Regulatory Technical Standards On Strong Customer Authentication And Common And Secure Communication

On 23 February the EBA published the final draft of the Regulatory Technical Standards (RTS) on strong customer authentication and secure communication under PSD2 (the revised Payment Services Directive). During the consultation period 224 responses to the EBA's questions were submitted by a wide and representative group of stakeholders. Once EBA reviewed the responses, three key issue areas were identified:

scope and technological neutrality of the requirements exemptions, including scope, thresholds and the addition of an...