Regulatory Alerts2018-05-17
Addendum to Consumer Protection Code 2012 - May 2018
The Central Bank of Ireland issued this addendum to amend the Consumer Protection Code 2012 following the transposition of the Payment Services Directive 2 into Irish law. The document modifies Chapter 1 scope, Chapter 10 errors and complaints resolution, and Chapter 12 definitions to align with the European Union (Payment Services) Regulations 2018. These changes specifically adjust the applicability of error resolution provisions for entities providing payment or account information services and update the definition of payment services to reference EU Directive 2015/2366/EU.
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