Changes introduced to the European market for financial services by the Payment Service Directive 2 Cover Image

Zmiany wprowadzone na europejskim rynku usług finansowych dyrektywą o usługach płatniczych (Payment Service Directive 2)
Changes introduced to the European market for financial services by the Payment Service Directive 2

Author(s): Anna Woźniak
Subject(s): Law, Constitution, Jurisprudence, Law on Economics, EU-Legislation
Published by: Kancelaria Sejmu
Keywords: finance; financial market; payment; European Union; PSD2; payment services;

Summary/Abstract: In recent years, the use of new, innovative services, constituting a convenient alternative to traditional credit card payments or to standard account information services offered by banks has significantly increased. These changes demanded a more inclusive regulation of this market which would guarantee security to consumers and more clarity to the new providers of financial services. The Directive in question along with the Regulation introduce these changes, open the market and extend the regulation to many new providers of financial services. In the paper the bases for implementing the EU regulations are presented, as well as the most important of the introduced changes.

  • Issue Year: 2020
  • Issue No: 2
  • Page Range: 9-25
  • Page Count: 17
  • Language: English
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