FIN.

Feedback to CP20/18 on eIDAS published

The FCA today published PS20/13: Amendments to the open banking identification requirements (eIDAS) certificate).  This policy statement sets out the feedback to CP20/18 and sets out the near final rules amending Article 34(1) of the UK-RTS.

The new rule will require ASPSPs to accept at least one other electronic form of identification issued by an independent third party. This is in addition to continuing to accept eIDAS certificates.  It further states that AISPs, PISPs and PSPs issuing card-based payment instruments shall rely on either of those means of identification.

Emma Radmore