Independent in structure and spirit, Elvinger Hoss Prussen guides clients on their most critical Luxembourg legal matters. Committed to excellence and creativity in legal practice, our firm delivers the best possible advice for businesses, institutions and entrepreneurs, playing a unique role in the development of Luxembourg as a financial centre.
The EBA published final Guidelines dated 8 November 2017 on the information to be provided for authorisation as payment and electronic money institutions and for registration as account information service providers.
The EBA published final Guidelines dated 8 November 2017 on the
information to be provided for authorisation as payment and
electronic money institutions and for registration as account
information service providers. In its Circular 18/677 dated 12 January 2018, the
CSSF confirms that it adopts these guidelines which apply from 13
January 2018 except for section 4.4 of the guidelines regarding the
assessment of completeness of the application that will apply as
from the date of entry into force of the law transposing PSD2.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.