Regulatory Alerts2017-10-26
Added · Updated
Electronic trading platforms (e-commerce platforms) under PSD2
E-commerce platforms that provide payment services must obtain a license from De Nederlandsche Bank (DNB) once the revised Payment Services Directive (PSD2) is implemented in the Netherlands, regardless of whether these services are primary or secondary activities. This requirement applies when platforms facilitate payments by holding funds on their own account or through an affiliated foundation, creating financial risk. Platforms that do not provide payment services directly and instead use third-party licensed providers remain outside this supervisory remit.