EBA consults on PSD2 central contact points

EBA is consulting on draft RTS addressing how to determine whether there should be a central contact point under PSD2 and what the functions of that contact point should be. Host member states have the option to require ELMIs and PIs that passport in an establishment to appoint a local central contact point, so the host regulator can be sure to receive adequate communication and reporting from the firm. The RTS aim to ensure any such requirement is proportionate.

Consultation closes on 29 September.