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Financial Services Industry European Union Payment Systems Regulator (PSR)

Hogan Lovells

PSD3 Impacts - September 2025

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1. Introduction - Given the sea change of PSD2, one might expect the prospect of the proposed PSD3 and PSR to have PSPs groaning at the thought of yet more root and branch reg change projects. However, whilst the proposals...more

Hogan Lovells

Payments: European Court of Justice (ECJ) rules on PSP liability for unauthorised transactions and late PSU notification

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The ECJ has confirmed that a payment service user (PSU) is deprived of the right to reimbursement for an unauthorised transaction under PSD1 if: they fail to notify without undue delay upon becoming aware of it; or...more

Hogan Lovells

Card-acquiring services: PSR to work on increasing searching and switching of majority of merchants

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Due to its concerns that card-acquiring services might not be offering value for money for merchants, the PSR decided to conduct a comprehensive review of the card-acquiring sector focussing on the impact of competition and...more

Proskauer Rose LLP

Regulation Round Up - September 2021

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation. ...more

Hogan Lovells

Payments regulatory news, March 2021 # 4

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PSR annual plan and budget for 2021/22 - The Payment Systems Regulator (PSR) has published its annual plan and budget for 2020/21, together with an accompanying factsheet. The plan sets out a summary of the PSR's key aims...more

Hogan Lovells

Payments regulatory news, March 2021

Hogan Lovells on

SEPA direct debit schemes: EPC guidelines for appearance of mandates - The European Payments Council (EPC) has published revised guidelines on the appearance of mandates for the Single Euro Payments Area (SEPA) Direct Debit...more

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