Blog: UK Treasury interpretation of article 36 of PSD2 – a welcome surprise? | JD Supra

Blog: UK Treasury interpretation of article 36 of PSD2 – a welcome surprise? | JD Supra

Article 36 of the second Payment Services Directive (PSD2) will require the Member States of the European Union to “ensure that payment institutions have access to [bank] payment accounts services on an objective, non-discriminatory and proportionate basis. Such access shall be sufficiently extensive as to allow payment institutions to provide payment services in an unhindered and efficient manner. The [bank] shall provide the competent authority with duly motivated reasons for any rejection

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