Chris_UK wrote: ↑
Wed Aug 28, 2019 11:04 pm
The UK announcement says that the deadline is still 14th september.
But it also says that where evidence is provided that steps have been taken to comply, no action will be taken. So if a company takes no steps then on the 14th they are liable to prosecution.
I cant read the others but I assume they are along the same lines.
But I can, and for sure that in Germany and Austria the deadline 14. Septemvber 2019 is not available and therefore postponed - no new date when it will be intruduced.
May more Countries will follow before the 14th of September is coming nearer ..
Because, why is this possibe?
Simple: each financial authority of each member state (bank) of the EBA (European Banking Authority > https://eba.europa.eu/
) has an option against such regulations like the PS2D is.
Their argument: not enough time (which is completely nonsens .. they had 2 years to create such mechanism!).
And - as always - each topic has 2 sides: this decision is only valid for website payments.
Not for Online Banking where the PSD2 is also mandatory and valid after the 14. Septmeber 2019.