On Wednesday 22 November, in a document obtained by EUROPE, the Spanish Presidency of the Council of the EU proposed possible compromises to the Member States on certain aspects of the future revised 'PSD3' directive on payment services.
The Spanish Presidency of the EU Council has thus clarified the article of the text relating to the authorisation and supervision of payment institutions. It proposes that the competent authorities should have three months to inform the applicant of the...