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Are you prepared for the new reporting requirements under PSD 2 for Payment Services Firms and Electronic Money Institutions?

07 Jan 2019

In order to become re-authorised under PSD 2, firms had to satisfy the FCA that they had an operational and security risk management framework in place and that this framework was adequate as defined by European Banking Authority (EBA) guidelines. In relation to IT security risk, this involved preparing a detailed IT security policy document that covered: 

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