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N O P Q R S T U V W X Y Z

Safeguarding Requirements According to PSD2

Every Authorised Payment Institution (PI) and Electronic Money Institution (EMI) in the European Union must comply with the safeguarding requirements as instructed in the Payment Services Directive 2 (PSD2).

Article 10 (points 1 to 6 of Annex I) in PSD2, it is indicated that PIs and EMIs must state and prove:

● the safeguarding method of client funds, either segregation or insurance
● protection from any third-party claim
● related systems and controls
● precautions for an insolvency event

2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB