WG-REQ-1516 Word-to-A4-PPT-portrait PSD3 IMPACTS-STAGE-3 PRINT3mmBLEED - Flipbook - Page 15
HL | PSD3 Impacts
What is the impact?
Technical service providers would unlikely want
to be considered outsourced service providers, a
status which brings with it the rights of access
and audit to regulators (and increased
regulatory scrutiny) despite requiring regulatory
responsibility to stay with the PSP.
Firms that currently rely on non-electronic
payment instructions to remain outside the
scope of SCA requirements will have to
consider/review their approach to customer
authorisation of those instructions to ensure
they are sufficiently secure.
Firms will also need to consider the extent to
which they comply with
