With the latest PSD2 directives coming into force shortly, Payment Institutions and
Electronic Money Institutions are tasked to ensure they have implemented new IT rules, security protocols and further enhanced compliance if they wish to be able to continue to
provide their services.
In short, all authorised firms must re-apply to the FCA if they wish to keep their license.
An example of some of the rules are;
We welcome you for a 30 minutes free consultation on FCA Authorisation and PSD2.
130 Old Street, London EC1V 9BD, England
West Midlands Office
Malvern House, New Road
Solihull B91 3DL
0044 (0)33 3335 0224