{"id":706,"date":"2020-12-07T17:00:18","date_gmt":"2020-12-07T16:00:18","guid":{"rendered":"https:\/\/psd2meniet.nl\/?p=706"},"modified":"2020-12-07T17:00:20","modified_gmt":"2020-12-07T16:00:20","slug":"evaluatie-psd2-pas-vanaf-q4-2021","status":"publish","type":"post","link":"https:\/\/psd2meniet.nl\/en\/evaluatie-psd2-pas-vanaf-q4-2021\/","title":{"rendered":"Evaluation PSD2 only from Q4 2021 onwards"},"content":{"rendered":"

The PSD2 and its successors should include better privacy safeguards. A 'window of opportunity' provides the evaluation included in Article 108 PSD2.<\/span><\/a> With the arrival of a new European Commission chaired by Ursula von der Leyen, the evaluation will look different.<\/p>\n\n\n\n

The ink from PSD2 wasn't dry yet or the lobby for PSD3 started. A driving force comes from the United Kingdom, where 'Open Banking' has been running for quite some time. From this corner comes the sigh that doorlopende toestemming<\/em> voor het doen van betalingen in plaats van iedere betaling apart accorderen. Ook interessant is de wens om af te stappen van het moeten verlengen van de toestemming na 90 dagen. Want dit is een 'an unnecessary inconvenience.' <\/p>

Link: https:\/\/www.finextra.com\/newsarticle\/34134\/psd2s-narrow-focus-limiting-the-potential-of-open-banking---report\/openapis\">the PSD2 doesn't go far enough.<\/span><\/a> Anyone who makes this complaint will be pleased with the new plans of the European Commission, which wants to push the digitisation accelerator hard.<\/p>\n\n\n\n

PSD2 becomes 'Data Space Open Finance<\/h2>\n\n\n\n

In December 2019, a new European Commission, led by Ursula von der Leyen, took office. It succeeds the Juncker Commission. The new Commission came up with various vision papers, such as about the digital future of Europe<\/a> and one work programme <\/a>for the Commission. In its 'state of the Union 2020' in September 2020, Von der Leyen indicated fully committed to digitization.<\/span><\/a> For this she wants a number of data spaces<\/span><\/a> establish. Financial Services is one of them.<\/p>\n\n\n\n

The vision for the financial sector was elaborated on 24 September 2020 in the Digitital Finance Package<\/a>. This package of plans addresses Digital Finance, Retail Payments Strategies, legislation for crypto-assets and digital resilience. In all these plans, the Commission intends to promote data-driven innovation, with better access to data and data sharing within the financial sector. <\/p>\n\n\n\n

Evaluation in 2021, oh no, from 2022 onwards<\/h2>\n\n\n\n

What about the evaluation of the PSD2? The Commission wants to develop an 'open funding framework' and have it ready around 2024. It indicates mid 2022 with

Link: https:\/\/eur-lex.europa.eu\/legal-content\/NL\/TXT\/PDF\/?uri=CELEX:52020DC0591&from=EN\">to come forward with proposals for legislation.<\/span><\/a> (Or read here

4.Vier prioriteiten voor de digitale transformatie van de financi\u00eble sector van de EU
4.3.Datagestuurde innovatie op het gebied van het geldwezen bevorderen door een gemeenschappelijke ruimte voor financi\u00eble data tot stand te brengen<\/p>

Focus: Uitwisseling van gegevens tussen bedrijven in de financi\u00eble sector van de EU en daarbuiten bevorderen (open geldwezen).<\/p>

Doel: Uiterlijk in 2024 moet de EU beschikken over een kader voor een open geldwezen dat strookt met de datastrategie van de EU, de toekomstige gegevenswetgeving en de wetgeving inzake digitale diensten. Dit zal worden geco\u00f6rdineerd met de herziening van de richtlijn betalingsdiensten.<\/p>

De herziene richtlijn betalingsdiensten vormde een belangrijke stap om banken en derde aanbieders in staat te stellen met toestemming van de cli\u00ebnt beschikbaar gestelde gegevens uit te wisselen en te gebruiken met het oog op de ontwikkeling van nieuwe diensten (\u201copen geldwezen\u201d). De Commissie zal in 2021 een begin maken met de herziening van de richtlijn betalingsdiensten, inclusief het toepassingsgebied ervan.<\/p>

Een open geldwezen kan leiden tot betere financi\u00eble producten, gerichter advies en verbeterde toegang voor consumenten en meer effici\u00ebntie bij transacties tussen ondernemingen. Toegang tot meer klantgegevens zou dienstverleners ook in staat stellen meer gepersonaliseerde diensten aan te bieden die beter zijn afgestemd op de specifieke behoeften van klanten. Een evenwichtig regelgevingskader voor de uitwisseling van gegevens over financi\u00eble producten zal de financi\u00eble sector helpen om het datagestuurde geldwezen ten volle te omarmen, en zorgen voor doeltreffende bescherming van de personen om wier gegevens het gaat, die volledige controle over hun gegevens moeten hebben.<\/p>

De Commissie zal daarom tegen medio 2022 een breder wetgevingskader voorstellen om te komen tot een open geldwezen. Hierbij zal worden voortgebouwd op het komende initiatief dat gericht is op de toegang tot gegevens en dat de gegevenswet en de wet op de digitale diensten omvat.<\/p>

Link: https:\/\/eur-lex.europa.eu\/legal-content\/EN\/TXT\/?uri=CELEX:52020DC0591 \">the relevant paragraph)<\/span><\/a> The evaluation will

De Europese Commissie zegt hierover in de Q&A 'Will the Commission go beyond the Payment Services Directive 2 (PSD2) \u2018open banking<\/em>'? PSD2 has enabled the emergence of new business models based on the sharing of payment account data (\u2018Open Banking'), such as payment initiation and account information services. It has also improved the general level of the security of payment transactions through the implementation of strong customer authentication. It is a worldwide reference for open banking and secure transactions. The experience gathered from the full implementation of PSD2 will inform the Commission's work <\/em>on a broader framework for open finance, as set out in the Digital Finance Strategy.<\/em> <\/strong><\/p>

Link: https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/qanda_20_1685<\/p>

\">don't stand on their own.<\/span><\/a> In the Q&A accompanying the presentation of the Digital Financial Package, the Commission refers to Q4 2021<\/strong>, and adjusted where necessary, in order to support the implementation of the retail payments strategy policies. The Commission had also published a public consultation for a Retail Payments Strategy for Europe in the first semester of 2020. The Commission took into account the responses to the consultation when shaping the EU actions in the area of retail payments.
<\/p>

Link: https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/IP_20_1684\">Q4 2021<\/span><\/a> as the start of the evaluation.<\/p>\n\n\n\n

Now what?<\/h2>\n\n\n\n

Various initiatives by the European Commission are considerably stepping up the pace of digitisation. For the time being, however, the PSD2 remains the legal framework for financial services. The evaluation of the PSD2 will be part of a larger package of developments. The 'window of opportunity' is being moved and will take a longer time. Unfortunately, this is to the detriment of Privacy First.<\/span><\/a> That is why it remains important to embed privacy in the PSD2. It is time for a position paper.<\/p>","protected":false},"excerpt":{"rendered":"

The PSD2 and its successors should include better privacy safeguards. A 'window of opportunity' provides the evaluation included in ... <\/p>\n

Read More<\/a><\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","trp-custom-language-flag":"","post-thumbnail":"","entry":"","entry-cropped":"","entry-fullwidth":"","entry-cropped-fullwidth":""},"post_excerpt_stackable_v2":"

De PSD2 en diens opvolgers moeten betere privacywaarborgen bevatten. Een ‘window of opportunity’ biedt de evaluatie die is opgenomen in artikel 108 PSD2. Met de komst van een nieuwe Europese Commissie onder voorzitterschap van Ursula von der Leyen gaat de evaluatie er anders uitzien. De inkt van PSD2 was nog niet droog of de lobby voor PSD3 begon. Een drijvende kracht komt uit het Verenigd Koninkrijk waar al geruime tijd ‘Open banking’ loopt. Uit deze hoek komt de verzuchting dat de PSD2 niet ver genoeg gaat. Degene die deze verzuchting slaakt zal blij worden van de nieuwe plannen van de…<\/p>\n","category_list_v2":"nieuws<\/a>","author_info_v2":{"name":"Martijn van der Veen","url":"https:\/\/psd2meniet.nl\/en\/author\/martijn\/"},"comments_num_v2":"2 comments","_links":{"self":[{"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/posts\/706"}],"collection":[{"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/comments?post=706"}],"version-history":[{"count":1,"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/posts\/706\/revisions"}],"predecessor-version":[{"id":707,"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/posts\/706\/revisions\/707"}],"wp:attachment":[{"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/media?parent=706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/categories?post=706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/psd2meniet.nl\/en\/wp-json\/wp\/v2\/tags?post=706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}