FCA publishes new version of its Approach Document on payment services and e-money

The FCA has published a revised version of its Approach Document on payment services and electronic money.

The updated document includes new guidance on operational and security risks under PSD2; which can be found in chapters 13 (reporting and notifications) and 18 (operational and security risks). The FCA has also made a number of other minor changes to chapters 3, 4 ,5 ,10 and 15 of the document.