Regulatory Alerts2019-12-03
Regulations amending Finansinspektionen’s regulations regarding activities for payment service providers
Finansinspektionen issued regulations amending its rules for payment service providers to enhance consumer transparency and regulatory reporting. The amendments mandate that providers disclose detailed procedures, timetables, and fees for payment account switching, making this information available both physically and electronically. Additionally, providers are required to submit semi-annual statistical data on payment fraud to the regulator, with specific deadlines and breakdowns by service type, authentication method, and geography.
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