New 'Payments Legislative Package' Adopted By The European Commission

Mondaq Business BriefingLuxembourg Articles in EnglishFinance and Banking (2013)

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New 'Payments Legislative Package' Adopted By The European Commission

On July 24th, 2013 the European Commission published the awaited proposal for a revised Payment Services Directive ("PSD2")1 having for its purpose to complete and recast the Payment Services Directive (N° 2007/64/EC, "PSD1") implemented in the Grand Duchy of Luxembourg by the Law of  November 10th 2...

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