EU PSD2 implementation and the rise of open banking (2015–2019)

1. European Commission proposes revised Payment Services rules

   Jul 24, 2013Labels: European Commission, PSD2 proposal

   • EU Proposal

2. EU adopts PSD2 as Directive (EU) 2015/2366

   Nov 25, 2015Labels: PSD2 Directive, European Parliament

   • EUR Lex

3. PSD2 is published in the Official Journal

   Dec 23, 2015Labels: Official Journal, PSD2 text

   • EUR Lex

4. PSD2 enters into force across the EU

   Jan 12, 2016Labels: PSD2, EU law

   • EUR Lex

5. UK CMA Order mandates open API standards

   Feb 2, 2017Labels: UK CMA, Open API

   • GOV UK CMA

6. EBA finalizes draft standards for strong authentication

   Feb 23, 2017Labels: EBA, Strong Customer

   • EU Parliament

7. Commission adopts RTS as Delegated Regulation 2018/389

   Nov 27, 2017Labels: Commission Delegated, RTS 2018

   • EUR Lex RTS

8. PSD2 national transposition deadline arrives

   Jan 13, 2018Labels: National Transposition, Member States

   • Jones Day

9. UK Open Banking begins managed rollout

   Jan 13, 2018Labels: UK Open, CMA rollout

   • Open Banking
   • GOV UK CMA

10. RTS is published in the Official Journal

    Mar 13, 2018Labels: RTS Publication, Official Journal

    • EUR Lex RTS

11. EBA issues implementation clarity on RTS

    Jun 13, 2018Labels: EBA guidance, RTS clarification

    • Bundesbank

12. RTS requirements become applicable across the EU

    Sep 14, 2019Labels: RTS Applicable, EU-wide

    • EUR Lex RTS
    • Malta CB