Regulatory Alerts2018-03-06
Implementation of EBA Guidelines on Major Incident Reporting under PSD2 (EBA/GL/2017/10)
The French Prudential Supervision and Resolution Authority (ACPR) has declared conformity with the European Banking Authority's guidelines on major incident reporting under the Payment Services Directive 2. These guidelines establish criteria for classifying major operational or security incidents and define the formats and procedures payment service providers must use to notify the ACPR and the Bank of France. The requirements apply to credit institutions, payment institutions, and electronic money institutions, which must utilize the specified model and operational modes for submissions.
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