While divisions continue over the future regulatory technical standards (RTS) for the revised 'Payment Services' directive (PSD2) and with no final date so far scheduled for them to be adopted by the Commission, the rapporteur appointed by the European Parliament, Markus Ferber (EPP, Germany) on Tuesday 8 August gave us his opinion on the main stumbling blocks surrounding this highly controversial level 2 text.
“The recent proposals the Commission have made point in the right direction and...