# Instrument Metadata # Output tuned for LLM consumption -- deterministic parse of the # EUR-Lex source, no LLM involved in generation. instrument_id: psd-3 celex: "52023PC0366" eli: null full_title: Third Payment Services Directive (Council compromise text) short_title: PSD3 instrument_type: directive document_type: proposal normative_weight: non_binding jurisdiction: EU effective_period: from: null to: null dates: proposed: "2023-06-28" status: proposal legal_status: council_compromise_text structure_levels: - title - chapter - article total_articles: 50 total_recitals: 73 total_annexes: 1 definitions_article: 2 chunk_strategy: by_chapter chunks: - /psd-3/chunks/recitals.md - /psd-3/chunks/psd-3_t01_subject_matter_scope_and_definitions.md - /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md - /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md - /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md - /psd-3/chunks/psd-3_t03_delegated_acts_and_regulatory_technical_.md - /psd-3/chunks/psd-3_t04_final_provisions.md - /psd-3/chunks/annexes.md key_dates: - date: "1986-12-08" type: citation article: "11" context: "…payment institutions in respect of payment services. 22 Council Directive 86/635/EEC of 8 December 1986 on the annual accounts and…" - date: "2002-07-19" type: citation article: "11" context: "…p. 1). 23 Regulation (EC) No 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international…" - date: "2006-05-17" type: citation article: "3" context: "…the Council21; 21 Directive 2006/43/EC of the European Parliament and of the Council of 17 May 2006 on statutory audits of annual…" - date: "2013-06-26" type: citation article: "2" context: "…XXX [PSR]; 19 Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements,…" - date: "2014-01-07" type: citation article: "2" context: "…(OJ L 182, 29.6.2013, p. 19). 20 Commission Delegated Regulation (EU) No 241/2014 of 7 January 2014 supplementing Regulation (EU) No…" - date: "2018-11-29" type: citation article: "18" context: "…of Regulation (EU) No 1093/2010. 24 Commission Implementing Regulation (EU) 2019/410 of 29 November 2018 laying down implementing technical…" - date: "2023-06-28" type: lifecycle context: "Proposed" generated_at: "2026-08-04T06:09:31.625Z" articles: - article_number: 1 article_title: Subject matter and scope chunk_file: /psd-3/chunks/psd-3_t01_subject_matter_scope_and_definitions.md path: "Title I > Article 1" applies_to_entities: - payment_institutions - member_states topics: - payments - payment_services - scope - general_provisions - definitions keywords: - supervision - access - payment service - payment institution contains: obligations: false prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 2 paragraph: "5" - target: Article 2 paragraph: "2" - target: Article 37 - target: Article 39 external_references: - instrument_type: directive reference: "2013/36/EU" amended_from: - document: emd2 title: E-Money Directive 2009/110/EC article: "1" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: emd2 title: E-Money Directive 2009/110/EC article: "1" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 2 article_title: Definitions chunk_file: /psd-3/chunks/psd-3_t01_subject_matter_scope_and_definitions.md path: "Title I > Article 2" applies_to_entities: - payment_service_providers - payment_institutions - account_servicing_payment_service_providers - payment_initiation_service_providers - account_information_service_providers - member_states - consumers - technical_service_providers - payment_systems topics: - payments - payment_services - scope - general_provisions - definitions - authorisation - payment_systems - own_funds - financial_statements - consolidation keywords: - API - authorisation - consumer - payee - payer - transaction - transfer - electronic money - POS - ATM - token - data - agent - branch - system - RTS - ITS - home member state - host member state - payment service contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 13 - target: Article 22 paragraph: "1" - target: Article 22 paragraph: "2" - target: Article 10 paragraph: "1" - target: Article 113 paragraph: "6" - target: Article 4 paragraph: "1" - target: Article 3 paragraph: "50" - target: Article 3 external_references: - instrument_type: regulation reference: "2022/2554" - instrument_type: directive reference: "2013/34/EU" - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2006/43/EC" - instrument_type: regulation reference: "2023/1114" amended_from: - document: psd-2 title: Second Payment Services Directive article: "4" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "2" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "4" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "2" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 3 article_title: Applications for authorisation chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 3" applies_to_entities: - payment_institutions - account_information_service_providers - member_states - competent_authorities - european_banking_authority - european_commission - consumers - payment_systems topics: - payments - payment_services - authorisation - licensing - supervision - fraud_prevention - data_protection - operational_resilience - incident_reporting - outsourcing - information_requirements - payment_systems - security - own_funds - winding_up - aml - risk_assessment - crypto_assets - internal_control keywords: - fraud - API - liability - authorisation - POS - ATM - security - data - access - outsourcing - agent - branch - system - RTS - ITS - EBA - reporting - notification - home member state - payment service contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 2 paragraph: "1" - target: Article 34 - target: Article 36 - target: Article 37 - target: Article 38 - target: Article 5 - target: Article 9 - target: Article 3 paragraph: "3" - target: Article 62 paragraph: "2" - target: Article 3 paragraph: "4" - target: Article 56 - target: Article 57 - target: Article 59 - target: Article 76 - target: Article 36 paragraph: "4" - target: Article 36 paragraph: "1" - target: Article 10 external_references: - instrument_type: regulation reference: "2022/2554" - instrument_type: regulation reference: "2022/2554" - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2006/43/EC" - instrument_type: regulation reference: "2023/1114" - instrument_type: regulation reference: "2023/1114" - instrument_type: regulation reference: "2023/1114" - instrument_type: regulation reference: "2023/1114" - instrument_type: regulation reference: "2023/1114" - instrument_type: regulation reference: "2023/1114" - instrument_type: regulation reference: "1093/2010" amended_from: - document: psd-2 title: Second Payment Services Directive article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "3" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "3" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 4 article_title: Control of the shareholding chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 4" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities - information_requirements keywords: - API - penalty - POS - ITS - payment institution contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2013/36/EU" amended_from: - document: psd-2 title: Second Payment Services Directive article: "6" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "3" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "6" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "3" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 5 article_title: Initial capital chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 5" applies_to_entities: - payment_institutions - member_states topics: - payments - payment_services - authorisation - licensing - supervision keywords: - API - authorisation - ITS - payment service - payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "575/2013" amended_from: - document: psd-2 title: Second Payment Services Directive article: "7" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "4" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "7" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "4" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: - 67 - article_number: 6 article_title: Own funds chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 6" applies_to_entities: - payment_institutions - credit_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision - own_funds - insurance keywords: - API - supervision - electronic money - payment service - payment institution - funds - group - own funds contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 5 - target: Article 7 - target: Article 8 external_references: - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2013/36/EU" amended_from: - document: psd-2 title: Second Payment Services Directive article: "8" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "8" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 7 article_title: Calculation of own funds for payment institutions that do not issue electronic money chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 7" applies_to_entities: - payment_institutions - member_states - competent_authorities - european_banking_authority - european_commission topics: - payments - payment_services - authorisation - licensing - supervision - outsourcing - competent_authorities - own_funds - internal_control keywords: - SCA - API - supervision - transaction - electronic money - POS - data - outsourcing - ITS - EBA - payment service - payment institution - payment transaction - payment initiation service - account information service - funds - own funds contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 5 - target: Article 10 external_references: - instrument_type: regulation reference: "1093/2010" amended_from: - document: psd-2 title: Second Payment Services Directive article: "9" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "9" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 8 article_title: Calculation of own funds for payment institutions that issue electronic money chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 8" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision - own_funds keywords: - API - electronic money - data - ITS - payment service - payment institution - funds - own funds - average outstanding electronic money contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 5 - target: Article 7 - target: Article 10 paragraph: "1" - target: Article 10 paragraph: "4" external_references: [] amended_from: - document: emd2 title: E-Money Directive 2009/110/EC article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: emd2 title: E-Money Directive 2009/110/EC article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 9 article_title: Safeguarding requirements chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 9" applies_to_entities: - payment_service_providers - payment_institutions - credit_institutions - member_states - competent_authorities - european_banking_authority - european_commission - consumers - payment_systems topics: - payments - payment_services - authorisation - licensing - supervision - large_exposures - investment_funds keywords: - API - payee - transaction - transfer - SEPA - electronic money - POS - token - security - data - settlement - system - ITS - EBA - home member state - payment service - payment institution - payment transaction - payment system - payment service user contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 2 external_references: - instrument_type: regulation reference: "2023/1114" - instrument_type: directive reference: "98/26/EC" - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2009/65/EC" - instrument_type: regulation reference: "1093/2010" amended_from: - document: emd2 title: E-Money Directive 2009/110/EC article: "3" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: psd-2 title: Second Payment Services Directive article: "10" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "7" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: emd2 title: E-Money Directive 2009/110/EC article: "3" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: psd-2 title: Second Payment Services Directive article: "10" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "7" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: - 33 - 70 - article_number: 10 article_title: Activities chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 10" applies_to_entities: - payment_institutions - competent_authorities - consumers - payment_systems topics: - payments - payment_services - authorisation - licensing - supervision - own_funds keywords: - consumer - transaction - electronic money - card - POS - data - system - ITS - payment service - payment institution - payment transaction - execution of a payment transaction - payment system - payment service user - payment account - funds - own funds contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 13 paragraph: "6" - target: Article 30 - target: Article 9 external_references: - instrument_type: directive reference: "2013/36/EU" - instrument_type: directive reference: "2013/36" - instrument_type: directive reference: "2008/48/EC" amended_from: - document: psd-2 title: Second Payment Services Directive article: "18" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "6" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "18" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "6" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 11 article_title: Accounting and statutory audit chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 11" applies_to_entities: - payment_institutions - credit_institutions - member_states - financial_entities topics: - payments - payment_services - authorisation - licensing - supervision - audit keywords: - SEPA - POS - payment service - payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 10 paragraph: "1" external_references: - instrument_type: directive reference: "2013/34/EU" - instrument_type: regulation reference: "1606/2002" - instrument_type: directive reference: "2006/43/EC" - instrument_type: directive reference: "2013/36/EU" amended_from: - document: psd-2 title: Second Payment Services Directive article: "17" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "17" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 12 article_title: Record-keeping chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 12" applies_to_entities: - payment_institutions - member_states topics: - payments - payment_services - authorisation - licensing - supervision - data_protection keywords: - authorisation - POS - data - payment institution contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 16 external_references: - instrument_type: directive reference: "2015/849" amended_from: - document: psd-2 title: Second Payment Services Directive article: "21" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "21" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 13 article_title: Granting of authorisation chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 13" applies_to_entities: - payment_institutions - credit_institutions - member_states - competent_authorities - european_banking_authority topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities - crypto_assets - internal_control - passporting keywords: - SCA - API - authorisation - SEPA - electronic money - POS - token - ITS - EBA - guidelines - home member state - payment service - payment institution - business day - applicant payment institution - electronic money token contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 3 paragraph: "3" - target: Article 5 - target: Article 3 paragraph: "4" - target: Article 3 external_references: - instrument_type: regulation reference: "1093/2010" - instrument_type: regulation reference: "2023/1114" - instrument_type: regulation reference: "575/2013" amended_from: - document: psd-2 title: Second Payment Services Directive article: "11" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "11" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 14 article_title: Communication of the decision to authorise or refuse authorisation chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 14" applies_to_entities: - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities keywords: - authorisation contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 3 - target: Article 3 paragraph: "3" external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "12" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "12" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 15 article_title: Maintenance of the authorisation as a payment institution chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 15" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision keywords: - authorisation - payment institution contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 3 external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "16" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "16" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 16 article_title: Withdrawal of the authorisation as a payment institution chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 16" applies_to_entities: - payment_institutions - member_states - competent_authorities - payment_systems topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities - payment_systems - aml keywords: - authorisation - system - ITS - home member state - payment service - payment institution - payment system contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 17 - target: Article 18 external_references: - instrument_type: directive reference: "2015/849" amended_from: - document: psd-2 title: Second Payment Services Directive article: "13" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "13" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 17 article_title: Register of payment institutions in the home Member State chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_licensing_and_supervision_part_1.md path: "Title II > Chapter I > Article 17" applies_to_entities: - payment_institutions - member_states - competent_authorities - european_banking_authority topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities keywords: - authorisation - SEPA - access - agent - branch - EBA - home member state - payment service - payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 34 - target: Article 36 - target: Article 38 - target: Article 13 - target: Article 1 paragraph: "2" external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "14" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "14" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 18 article_title: EBA register chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 18" applies_to_entities: - payment_service_providers - payment_institutions - credit_institutions - competent_authorities - european_banking_authority - european_commission topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities keywords: - authorisation - data - access - agent - branch - ITS - EBA - payment service - payment institution - payment service provider - business day contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: true transitional: true internal_references: - target: Article 34 - target: Article 36 - target: Article 38 - target: Article 17 - target: Article 10 external_references: - instrument_type: regulation reference: "1093/2010" - instrument_type: directive reference: "2015/2366" - instrument_type: regulation reference: "1093/2010" amended_from: - document: psd-2 title: Second Payment Services Directive article: "15" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "15" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 19 article_title: Use of agents chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 19" applies_to_entities: - payment_service_providers - payment_institutions - member_states - competent_authorities - consumers topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities - fit_and_proper - internal_control keywords: - transaction - electronic money - POS - agent - ITS - home member state - payment service - payment institution - payment transaction - payment service user - payment service provider - funds contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 17 - target: Article 30 - target: Article 29 - target: Article 31 - target: Article 32 - target: Article 33 - target: Article 30 paragraph: "1" - target: Article 31 paragraph: "4" external_references: - instrument_type: directive reference: "2015/849" amended_from: - document: psd-2 title: Second Payment Services Directive article: "19" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "19" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 21 article_title: Branches chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 21" applies_to_entities: - payment_institutions - member_states - consumers topics: - payments - payment_services - authorisation - licensing - supervision keywords: - branch - home member state - payment service - payment institution - payment service user contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 30 external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "19" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "19" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 22 article_title: Entities to which activities are outsourced chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 22" applies_to_entities: - payment_institutions - member_states - competent_authorities - consumers topics: - payments - payment_services - authorisation - licensing - supervision - outsourcing - internal_control keywords: - authorisation - outsourcing - ITS - home member state - payment service - payment institution - payment service user contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "2022/2554" amended_from: - document: psd-2 title: Second Payment Services Directive article: "19" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "19" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 23 article_title: Liability chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 23" applies_to_entities: - payment_institutions - member_states topics: - payments - payment_services - authorisation - licensing - supervision - liability - outsourcing keywords: - liability - agent - branch - payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "20" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "20" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 24 article_title: Designation of competent authorities chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 24" applies_to_entities: - payment_institutions - credit_institutions - member_states - competent_authorities - european_commission topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities - conflicts_of_interest keywords: - authorisation - supervision - POS - home member state - payment service - payment institution contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 10 paragraph: "1" external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "22" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "22" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 25 article_title: Supervision chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 25" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision - outsourcing - competent_authorities - enforcement - sanctions - own_funds keywords: - API - authorisation - supervision - sanction - SEPA - POS - agent - branch - system - network - guidelines - payment service - payment institution - funds - own funds contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 16 - target: Article 7 - target: Article 8 - target: Article 10 - target: Article 13 paragraph: "1" - target: Article 3 paragraph: "3" - target: Article 5 - target: Article 6 paragraph: "1" - target: Article 6 paragraph: "2" external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "23" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "23" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 26 article_title: Professional secrecy chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 26" applies_to_entities: - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision keywords: - RTS contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 28 external_references: - instrument_type: directive reference: "2013/36/EU" amended_from: - document: psd-2 title: Second Payment Services Directive article: "24" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "24" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 27 article_title: Right to apply to the courts chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 27" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision keywords: - RTS - payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "25" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "25" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 28 article_title: Cooperation and exchange of information chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 28" applies_to_entities: - payment_service_providers - payment_institutions - credit_institutions - member_states - competent_authorities - european_banking_authority - european_central_bank topics: - payments - payment_services - authorisation - licensing - supervision keywords: - authorisation - supervision - settlement - system - ITS - EBA - payment service - payment institution - payment service provider - applicant payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2015/849" - instrument_type: regulation reference: "1093/2010" amended_from: - document: psd-2 title: Second Payment Services Directive article: "26" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "26" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 29 article_title: Settlement of disagreements between competent authorities of different Member States chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 29" applies_to_entities: - member_states - competent_authorities - european_banking_authority topics: - payments - payment_services - authorisation - licensing - supervision keywords: - settlement - ITS - EBA contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 28 - target: Article 30 - target: Article 31 - target: Article 32 - target: Article 33 - target: Article 19 paragraph: "1" external_references: - instrument_type: regulation reference: "1093/2010" - instrument_type: regulation reference: "1093/2010" amended_from: - document: psd-2 title: Second Payment Services Directive article: "27" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "27" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 30 article_title: Application to exercise the right of establishment and freedom to provide services chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 30" applies_to_entities: - payment_institutions - member_states - competent_authorities - european_banking_authority - european_commission - consumers topics: - payments - payment_services - authorisation - licensing - supervision - outsourcing - aml - passporting keywords: - authorisation - ATM - agent - branch - cross-border - ITS - EBA - notification - home member state - host member state - payment service - payment institution - payment service user - business day contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 19 - target: Article 3 paragraph: "3" - target: Article 19 paragraph: "1" - target: Article 17 - target: Article 10 external_references: - instrument_type: directive reference: "2015/849" - instrument_type: regulation reference: "1093/2010" amended_from: - document: psd-2 title: Second Payment Services Directive article: "28" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "28" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 31 article_title: Supervision of payment institutions exercising the right of establishment and freedom to provide services chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 31" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities - enforcement - passporting keywords: - supervision - transaction - POS - data - access - agent - branch - RTS - reporting - home member state - host member state - payment service - payment institution - payment transaction - payment initiation service contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 26 - target: Article 13 paragraph: "3" external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "29" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "29" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 32 article_title: "Measures in case of non-compliance, including precautionary measures" chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 32" applies_to_entities: - payment_institutions - member_states - competent_authorities - european_banking_authority - european_commission - consumers topics: - payments - payment_services - authorisation - licensing - supervision - competent_authorities keywords: - POS - agent - branch - cross-border - ITS - EBA - home member state - host member state - payment service - payment institution - payment service user contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 31 - target: Article 29 paragraph: "1" external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "30" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "30" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 33 article_title: Reasons and communication chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_licensing_and_supervision_part_2.md path: "Title II > Chapter I > Article 33" applies_to_entities: - payment_institutions - competent_authorities topics: - payments - payment_services - authorisation - licensing - supervision - passporting keywords: - payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 25 - target: Article 30 - target: Article 29 - target: Article 32 external_references: - instrument_type: directive reference: "2015/849" amended_from: - document: psd-2 title: Second Payment Services Directive article: "31" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "31" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 34 article_title: Optional exemptions chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md path: "Title II > Chapter II > Article 34" applies_to_entities: - payment_institutions - member_states - competent_authorities - consumers topics: - payments - payment_services - authorisation - competent_authorities - aml keywords: - authorisation - consumer - transaction - electronic money - POS - data - agent - ITS - home member state - payment service - payment institution - payment transaction - payment account - payment instrument - average outstanding electronic money contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 17 - target: Article 18 - target: Article 24 - target: Article 26 - target: Article 27 - target: Article 28 - target: Article 10 - target: Article 3 paragraph: "3" - target: Article 13 paragraph: "6" - target: Article 30 - target: Article 31 - target: Article 32 - target: Article 13 external_references: - instrument_type: directive reference: "2015/849" amended_from: - document: psd-2 title: Second Payment Services Directive article: "32" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "9" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "32" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "9" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 35 article_title: Notification and information chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md path: "Title II > Chapter II > Article 35" applies_to_entities: - member_states - european_commission topics: - payments - payment_services keywords: - transaction - electronic money - ITS - notification - payment transaction contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 34 - target: Article 34 paragraph: "1" external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "34" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "9" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "34" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "9" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 36 article_title: Account information service providers chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md path: "Title II > Chapter II > Article 36" applies_to_entities: - payment_service_providers - payment_institutions - account_servicing_payment_service_providers - account_information_service_providers - member_states - competent_authorities - consumers topics: - payments - payment_services - authorisation - liability - data_protection - operational_resilience keywords: - fraud - liability - authorisation - POS - security - data - access - system - RTS - ITS - home member state - payment service - payment institution - payment service user - payment service provider - payment account - account servicing payment service provider - account information service - account information service provider contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 3 paragraph: "3" - target: Article 25 paragraph: "3" external_references: - instrument_type: regulation reference: "2022/2554" amended_from: - document: psd-2 title: Second Payment Services Directive article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: psd-2 title: Second Payment Services Directive article: "33" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "5" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: psd-2 title: Second Payment Services Directive article: "33" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 37 article_title: Services where cash is provided in retail stores without a purchase chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md path: "Title II > Chapter II > Article 37" applies_to_entities: - member_states - consumers topics: - payments - payment_services - strong_customer_authentication - aml keywords: - authentication - ITS - payment service - payment service user - payment account contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2015/849" recitals: [] - article_number: 38 article_title: Services enabling cash withdrawals offered by ATM deployers not servicing payment accounts chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md path: "Title II > Chapter II > Article 38" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - authorisation - data_protection - operational_resilience - competent_authorities keywords: - liability - authorisation - POS - ATM - security - data - system - ITS - payment service - payment institution - payment account - atm deployer contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 3 paragraph: "3" - target: Article 25 - target: Article 30 external_references: - instrument_type: regulation reference: "2022/2554" recitals: [] - article_number: 39 article_title: Duty of notification chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md path: "Title II > Chapter II > Article 39" applies_to_entities: - member_states - competent_authorities - european_banking_authority topics: - payments - payment_services - competent_authorities keywords: - transaction - network - ITS - EBA - notification - payment transaction contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 2 paragraph: "2" - target: Article 17 - target: Article 18 external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "37" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "37" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 40 article_title: Delegated acts chunk_file: /psd-3/chunks/psd-3_t03_delegated_acts_and_regulatory_technical_.md path: "Title III > Article 40" applies_to_entities: [] topics: - payments - payment_services - delegated_acts keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 41 - target: Article 5 - target: Article 34 paragraph: "1" - target: Article 37 external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "104" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "104" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 41 article_title: Exercise of the delegation chunk_file: /psd-3/chunks/psd-3_t03_delegated_acts_and_regulatory_technical_.md path: "Title III > Article 41" applies_to_entities: - european_commission topics: - payments - payment_services - delegated_acts keywords: - notification contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 40 external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "105" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "105" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 42 article_title: Full harmonisation chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 42" applies_to_entities: - payment_service_providers - member_states - european_commission - consumers topics: - payments - payment_services - final_provisions keywords: - POS - access - payment service - payment service user - payment service provider contains: obligations: true prohibitions: true permissions: true definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 6 - target: Article 34 - target: Article 37 - target: Article 39 external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "107" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "16" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "107" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "16" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: - 77 - article_number: 43 article_title: Review clause chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 43" applies_to_entities: - payment_service_providers - payment_institutions - member_states - european_commission - european_central_bank - technical_service_providers - payment_schemes - payment_systems topics: - payments - payment_services - final_provisions - authorisation keywords: - electronic money - wallet - POS - system - scheme - ITS - payment service - payment institution - payment system - payment service provider - payment account - funds - technical service provider contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: [] external_references: - instrument_type: directive reference: "2014/49/EU" amended_from: - document: psd-2 title: Second Payment Services Directive article: "108" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "17" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "108" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "17" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 44 article_title: Transitional provisions chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 44" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - final_provisions - authorisation - competent_authorities keywords: - authorisation - ATM - EBA - payment service - payment institution - payment account - atm deployer contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 3 - target: Article 3 paragraph: "3" - target: Article 13 - target: Article 17 - target: Article 18 - target: Article 34 - target: Article 34 paragraph: "7" - target: Article 38 external_references: - instrument_type: directive reference: "2015/2366" - instrument_type: directive reference: "2015/2366" - instrument_type: directive reference: "2015/2366" amended_from: - document: psd-2 title: Second Payment Services Directive article: "109" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "109" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 45 article_title: Transitional provision – electronic money institutions authorised under Directive 2009/110/EC chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 45" applies_to_entities: - payment_institutions - member_states - competent_authorities topics: - payments - payment_services - final_provisions - authorisation - competent_authorities keywords: - authorisation - electronic money - POS - payment service - payment institution contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 3 - target: Article 3 paragraph: "3" - target: Article 13 - target: Article 17 - target: Article 18 - target: Article 34 paragraph: "7" - target: Article 34 external_references: - instrument_type: directive reference: "2009/110/EC" - instrument_type: directive reference: "2009/110" - instrument_type: directive reference: "2009/110/EC" - instrument_type: directive reference: "2009/110/EC" amended_from: - document: emd2 title: E-Money Directive 2009/110/EC article: "10" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "18" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: emd2 title: E-Money Directive 2009/110/EC article: "10" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "18" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 45a article_title: Extension period chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 45a" applies_to_entities: - payment_institutions - competent_authorities topics: - payments - payment_services - final_provisions keywords: - electronic money - payment institution contains: obligations: false prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 44 - target: Article 45 external_references: [] recitals: [] - article_number: 46 article_title: Amendments to Directive 98/26/EC chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 46" applies_to_entities: - payment_institutions - credit_institutions - member_states topics: - payments - payment_services - final_provisions keywords: - transfer - system - payment institution contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "98/26/EC" - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2013/36/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "98/26/EC" recitals: [] - article_number: 48 article_title: Repeal chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 48" applies_to_entities: [] topics: - payments - payment_services - final_provisions keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: [] external_references: - instrument_type: directive reference: "2015/2366" - instrument_type: directive reference: "2009/110/EC" amended_from: - document: psd-2 title: Second Payment Services Directive article: "114" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "21" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "114" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "21" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: - 6 - article_number: 49 article_title: Transposition chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 49" applies_to_entities: - member_states - european_commission topics: - payments - payment_services - final_provisions keywords: - POS contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: [] external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "115" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "22" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "115" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "22" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 50 article_title: Entry into force chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 50" applies_to_entities: [] topics: - payments - payment_services - final_provisions keywords: - ITS contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: [] external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "116" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "23" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "116" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "23" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: [] - article_number: 51 article_title: Addresses chunk_file: /psd-3/chunks/psd-3_t04_final_provisions.md path: "Title IV > Article 51" applies_to_entities: - member_states topics: - payments - payment_services - final_provisions keywords: [] contains: obligations: false prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] amended_from: - document: psd-2 title: Second Payment Services Directive article: "117" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "24" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. predecessor: - document: psd-2 title: Second Payment Services Directive article: "117" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. - document: emd2 title: E-Money Directive 2009/110/EC article: "24" note: Derived from PSR Annex III correlation table; numbering verified against the April 2026 Council compromise text. recitals: []