NBB Circular NBB_2022_18 / EBA Guidelines on the limited network exclusion under PSD2

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NATIONAL BANK OF BELGIUM

Circular
Public
Brussels, 6 July 2022
Reference: NBB_2022_18
Your correspondents:
Axel Van Genechten
Tel. +32 2 221 50 69 - GSM +32 479 12 57 58
Axel.vangenechten@nbb.be

EBA Guidelines on the limited network exclusion under PSD2

Scope
Belgian institutions providing services referred to in Article 6, § 1, 1°, 2° and 3° of the Law of 11 March 2018 on the status of payment institutions and electronic money institutions, on access to the activity of payment service provider, on the activity of electronic money issuance and on access to payment systems.

Summary/Objective
This circular implements the guidelines of the European Banking Authority (EBA) on the limited network exclusion under PSD2¹.

¹ Directive (EU) 2015/2366 of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC.

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Madam,
Sir,

By this circular, the National Bank of Belgium intends to communicate that the guidelines on the limited network exclusion under PSD2 from the EBA are integrated into its supervisory practice.

The circular contains the link to the document in question. These guidelines can be consulted here:
https://www.eba.europa.eu/sites/default/documents/files/document_library/Publications/Guidelines/2022/EBA-GL-2022-02%20GL%20on%20limited%20network%20exclusions/Translations/1030087/GL%20on%20the%20limited%20network%20exclusion%20under%20PSD2%20FR%20COR.pdf

Please accept, Madam, Sir, the assurance of our very distinguished consideration.

Pierre Wunsch
Governor

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