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GLOSSARY:
OPEN BANKING
AND PAYMENT
SERVICES DIRECTIVE 2
OPEN BANKING is the foundation of the remedies
identified by the CMA in its Retail Banking
Markets investigation, where it highlighted the
shortcomings
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What is services directive 2?
The Services Directive 2 is a European Union directive that aims to simplify and facilitate the cross-border provision of services within the EU.
Who is required to file services directive 2?
Service providers operating in the EU are required to comply with the rules set out in the Services Directive 2.
How to fill out services directive 2?
Service providers need to provide information about their services, contact details, and compliance with regulations in the online form for the Services Directive 2.
What is the purpose of services directive 2?
The purpose of Services Directive 2 is to create a single market for services within the EU by removing barriers to cross-border trade and promoting fair competition.
What information must be reported on services directive 2?
Service providers must report information about the services they offer, their contact details, and any relevant regulations they comply with.
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