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PSD2 — DIRECTIVE (EU) 2015/2366 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (Text with EEA relevance)

directive · European Union · 32015L2366

435 provisions · cited by 22 instruments we hold · 265 national measures recorded · 103 provisions hand work to national law

Defined terms · All instruments · approximation of laws · electronic banking · electronic money · financial institution · financial legislation · financial services · intra-EU payment · payment

1 Subject matter
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2 Scope
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3 Exclusions
4 Definitions
5 Applications for authorisation
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6 Control of the shareholding
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7 Initial capital
8 Own funds
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9 Calculation of own funds
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10 Safeguarding requirements
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11 Granting of authorisation
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12 Communication of the decision
13 Withdrawal of authorisation
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14 Registration in the home Member State
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15 EBA register
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16 Maintenance of authorisation
17 Accounting and statutory audit
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18 Activities
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19 Use of agents, branches or entities to which activities are outsourced
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20 Liability
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21 Record-keeping
22 Designation of competent authorities
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23 Supervision
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24 Professional secrecy
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25 Right to apply to the courts
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26 Exchange of information
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27 Settlement of disagreements between competent authorities of different Member States
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28 Application to exercise the right of establishment and freedom to provide services
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29 Supervision of payment institutions exercising the right of establishment and freedom to provide services
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30 Measures in case of non-compliance, including precautionary measures
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31 Reasons and communication
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32 Conditions
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33 Account information service providers
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34 Notification and information
35 Access to payment systems
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36 Access to accounts maintained with a credit institution
37 Prohibition of persons other than payment service providers from providing payment services and duty of notification
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38 Scope
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39 Other provisions in Union law
40 Charges for information
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41 Burden of proof on information requirements
42 Derogation from information requirements for low-value payment instruments and electronic money
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43 Scope
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44 Prior general information
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45 Information and conditions
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46 Information for the payer and payee after the initiation of a payment order
47 Information for payer’s account servicing payment service provider in the event of a payment initiation service
48 Information for the payer after receipt of the payment order
49 Information for the payee after execution
50 Scope
51 Prior general information
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52 Information and conditions
53 Accessibility of information and conditions of the framework contract
54 Changes in conditions of the framework contract
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55 Termination
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56 Information before execution of individual payment transactions
57 Information for the payer on individual payment transactions
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58 Information for the payee on individual payment transactions
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59 Currency and currency conversion
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60 Information on additional charges or reductions
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61 Scope
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62 Charges applicable
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63 Derogation for low value payment instruments and electronic money
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64 Consent and withdrawal of consent
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65 Confirmation on the availability of funds
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66 Rules on access to payment account in the case of payment initiation services
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67 Rules on access to and use of payment account information in the case of account information services
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68 Limits of the use of the payment instrument and of the access to payment accounts by payment service providers
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69 Obligations of the payment service user in relation to payment instruments and personalised security credentials
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70 Obligations of the payment service provider in relation to payment instruments
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71 Notification and rectification of unauthorised or incorrectly executed payment transactions
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72 Evidence on authentication and execution of payment transactions
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73 Payment service provider’s liability for unauthorised payment transactions
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74 Payer’s liability for unauthorised payment transactions
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75 Payment transactions where the transaction amount is not known in advance
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76 Refunds for payment transactions initiated by or through a payee
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77 Requests for refunds for payment transactions initiated by or through a payee
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78 Receipt of payment orders
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79 Refusal of payment orders
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80 Irrevocability of a payment order
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81 Amounts transferred and amounts received
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82 Scope
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83 Payment transactions to a payment account
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84 Absence of payee’s payment account with the payment service provider
85 Cash placed on a payment account
86 National payment transactions
87 Value date and availability of funds
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88 Incorrect unique identifiers
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89 Payment service providers’ liability for non-execution, defective or late execution of payment transactions
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90 Liability in the case of payment initiation services for non-execution, defective or late execution of payment transactions
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91 Additional financial compensation
92 Right of recourse
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93 Abnormal and unforeseeable circumstances
94 Data protection
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95 Management of operational and security risks
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96 Incident reporting
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97 Authentication
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98 Regulatory technical standards on authentication and communication
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99 Complaints
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100 Competent authorities
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101 Dispute resolution
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102 ADR procedures
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103 Penalties
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104 Delegated acts
105 Exercise of the delegation
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106 Obligation to inform consumers of their rights
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107 Full harmonisation
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108 Review clause
109 Transitional provision
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110 Amendments to Directive 2002/65/EC
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111 Amendments to Directive 2009/110/EC
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112 Amendments to Regulation (EU) No 1093/2010
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113 Amendment to Directive 2013/36/EU
114 Repeal
115 Transposition
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116 Entry into force
117 Addresses