FIN.

EBA consults on limited network exclusion guidelines

EBA is consulting on draft Guidelines to provide clarity on the application of the limited network exclusion in PSD2. The exclusion is supposed to be used for products like store cards, fuel cads, public transport cards and meal vouchers. However, it has been widely and variously construed, and EBA now feels it should clarify the intentions behind it, including what “limited” means in this context.

It seeks comments by 15 October.

Emma Radmore