HL | PSD3 Impacts6 Scope ofapplicationand exemptionsOverview§ATM Deployers that do not servicepayment accounts, will be required toregister with NCAs and potentially besubject to information requirementsaround fees and charges.§Both the original draft and EP Texts seekto capture technical service providers andelectronic communication serviceproviders within the scope of theregulatory regime, albeit indirectly.§The scope of the commercial agentexemption is being reduced further.What is changing?ATM Deployers (PSD3 Art 7)Exemptions (PSR Art 2 3 3)PSD3 introduces a light touch registrationregime for ATM deployers in the form of ATMoperators that do not service payment accounts.In terms of the regulatory perimeter, PSD3 isfurther clarifying the scope of the commercialagent exemption, providing that theappointment to represent only one of the payeror payee exempts activity regardless of whetherthe agent is in the flow funds or not, but onlydoes so where the appointment gives the payeror payee a
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