# 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 position at first reading)
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_position
structure_levels:
  - title
  - chapter
  - article
total_articles: 51
total_recitals: 73
total_annexes: 2
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_authorisation_and_supervision_part_1.md
  - /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
  - /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md
  - /psd-3/chunks/psd-3_t03_final_provisions.md
  - /psd-3/chunks/annexes.md
key_dates:
  - date: "1986-12-08"
    type: citation
    article: "11"
    context: "…(2) and (3), respectively, of Directive 2006/43/EC. 28 Council Directive 86/635/EEC of 8 December 1986 on the annual accounts and…"
  - date: "2002-07-19"
    type: citation
    article: "11"
    context: "…29 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: "…office; 27 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: "46"
    context: "…* Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit…"
  - date: "2014-05-15"
    type: citation
    article: "46"
    context: "…*** Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments…"
  - date: "2015-05-20"
    type: citation
    article: "12"
    context: "…withdrawn. 30 Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the…"
  - date: "2016-04-13"
    type: citation
    article: "40"
    context: "…in accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making. 5. As soon as…"
  - date: "2018-11-29"
    type: citation
    article: "18"
    context: "…Regulation (EU) 2019/410[31]. 31 Commission Implementing Regulation (EU) 2019/410 of 29 November 2018 laying down implementing technical…"
  - date: "2023-05-31"
    type: citation
    article: "3"
    context: "…system; 26 Regulation (EU) 2023/1113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers…"
  - date: "2023-06-28"
    type: lifecycle
    context: "Proposed"

generated_at: "2026-11-02T23:44:19.086Z"

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
      - transaction
      - access
    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 37
      - target: Article 38
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "1(2)"
            successor: "1"
          - predecessor: "1(3)"
            successor: "1"
    predecessor:
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "1"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "1(2)"
            successor: "1"
          - predecessor: "1(3)"
            successor: "1"
    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: []
    topics:
      - payments
      - payment_services
      - scope
      - general_provisions
      - definitions
      - own_funds
    keywords:
      - electronic money
      - ict services
      - own funds
      - average outstanding electronic money
    contains:
      obligations: false
      prohibitions: false
      permissions: false
      definitions: true
      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"
      - instrument_type: regulation
        reference: "575/2013"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "4"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "2"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "4"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "2"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; 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_authorisation_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
      - supervision
      - fraud_prevention
      - data_protection
      - operational_resilience
      - incident_reporting
      - outsourcing
      - information_requirements
      - payment_systems
      - security
      - own_funds
      - winding_up
      - aml
      - risk_assessment
      - funds_transfer
      - crypto_assets
      - internal_control
    keywords:
      - fraud
      - authorisation
      - transfer
      - ATM
      - security
      - data
      - access
      - outsourcing
      - agent
      - branch
      - system
      - EBA
      - reporting
      - notification
      - ict services
      - 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 33
      - target: Article 35
      - target: Article 36
      - target: Article 37
      - target: Article 5
      - target: Article 9
      - target: Article 35
        paragraph: "4"
      - target: Article 35
        paragraph: "1"
    external_references:
      - instrument_type: regulation
        reference: "2022/2554"
      - instrument_type: regulation
        reference: "2022/2554"
      - instrument_type: regulation
        reference: "2023/1113"
      - instrument_type: regulation
        reference: "2024/1624"
      - instrument_type: directive
        reference: "2015/849"
      - instrument_type: regulation
        reference: "575/2013"
      - instrument_type: directive
        reference: "2006/43/EC"
      - instrument_type: directive
        reference: "78/660/EEC"
      - instrument_type: directive
        reference: "83/349/EEC"
      - instrument_type: directive
        reference: "84/253/EEC"
      - 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: "2023/1114"
      - instrument_type: regulation
        reference: "1093/2010"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "5"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(1)"
            successor: "3(3)"
          - predecessor: "5(2)"
            successor: "3(5)"
          - predecessor: "5(6)"
            successor: "3"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "3"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "3(1)"
            successor: "3"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "5"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(1)"
            successor: "3(3)"
          - predecessor: "5(2)"
            successor: "3(5)"
          - predecessor: "5(6)"
            successor: "3"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "3"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "3(1)"
            successor: "3"
    recitals: []

  - article_number: 4
    article_title: Control of the shareholding
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_authorisation_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
      - supervision
      - competent_authorities
      - information_requirements
    keywords:
      - penalty
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "6(1)"
            successor: "4(1)"
          - predecessor: "6(2)"
            successor: "4(2)"
          - predecessor: "6(3)"
            successor: "4(3)"
          - predecessor: "6(4)"
            successor: "4(4)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "3"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "3(3)"
            successor: "4"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "6"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "6(1)"
            successor: "4(1)"
          - predecessor: "6(2)"
            successor: "4(2)"
          - predecessor: "6(3)"
            successor: "4(3)"
          - predecessor: "6(4)"
            successor: "4(4)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "3"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "3(3)"
            successor: "4"
    recitals: []

  - article_number: 5
    article_title: Initial capital
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_authorisation_and_supervision_part_1.md
    path: "Title II > Chapter I > Article 5"
    applies_to_entities:
      - payment_institutions
      - member_states
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
    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: []
    external_references:
      - instrument_type: regulation
        reference: "575/2013"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "7"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "4"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "7"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "4"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    recitals:
      - 64

  - article_number: 6
    article_title: Own funds
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_authorisation_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
      - supervision
      - own_funds
      - insurance
    keywords:
      - supervision
      - electronic money
      - 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "8(1)"
            successor: "6(1)"
          - predecessor: "8(2)"
            successor: "6(2)"
          - predecessor: "8(3)"
            successor: "6(3)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "5"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(1)"
            successor: "6"
          - predecessor: "5(6)"
            successor: "6(2)"
          - predecessor: "5(7)"
            successor: "6(3)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "8"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "8(1)"
            successor: "6(1)"
          - predecessor: "8(2)"
            successor: "6(2)"
          - predecessor: "8(3)"
            successor: "6(3)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "5"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(1)"
            successor: "6"
          - predecessor: "5(6)"
            successor: "6(2)"
          - predecessor: "5(7)"
            successor: "6(3)"
    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_authorisation_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
      - supervision
      - outsourcing
      - own_funds
      - internal_control
    keywords:
      - supervision
      - transaction
      - electronic money
      - data
      - outsourcing
      - EBA
      - own funds
    contains:
      obligations: true
      prohibitions: true
      permissions: true
      definitions: true
      penalties: false
      delegated_powers: true
      implementing_powers: false
      rts_mandate: true
      its_mandate: false
      transitional: true
    internal_references:
      - target: Article 5
      - target: Article 10
      - target: Article 10
        paragraph: "4"
    external_references:
      - instrument_type: regulation
        reference: "1093/2010"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "9"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "9(1)"
            successor: "7"
          - predecessor: "9(1)"
            successor: "7(2)"
          - predecessor: "9(2)"
            successor: "7(3)"
          - predecessor: "9(3)"
            successor: "7(5)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "9"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "9(1)"
            successor: "7"
          - predecessor: "9(1)"
            successor: "7(2)"
          - predecessor: "9(2)"
            successor: "7(3)"
          - predecessor: "9(3)"
            successor: "7(5)"
    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_authorisation_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
      - supervision
      - own_funds
    keywords:
      - electronic money
      - data
      - 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(2)"
            successor: "8"
          - predecessor: "5(3)"
            successor: "8"
          - predecessor: "5(4)"
            successor: "8(4)"
          - predecessor: "5(5)"
            successor: "8"
    predecessor:
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "5"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(2)"
            successor: "8"
          - predecessor: "5(3)"
            successor: "8"
          - predecessor: "5(4)"
            successor: "8(4)"
          - predecessor: "5(5)"
            successor: "8"
    recitals: []

  - article_number: 9
    article_title: Safeguarding requirements
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_authorisation_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
      - supervision
      - large_exposures
      - investment_funds
    keywords:
      - payee
      - transaction
      - transfer
      - electronic money
      - token
      - security
      - data
      - settlement
      - system
      - EBA
    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: []
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "3(2)"
            successor: "9"
      - document: psd-2
        title: Second Payment Services Directive
        article: "10"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "10(1)"
            successor: "9(1)"
          - predecessor: "10(2)"
            successor: "9"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "7"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "7(1)"
            successor: "9"
          - predecessor: "7(2)"
            successor: "9"
    predecessor:
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "3"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "3(2)"
            successor: "9"
      - document: psd-2
        title: Second Payment Services Directive
        article: "10"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "10(1)"
            successor: "9(1)"
          - predecessor: "10(2)"
            successor: "9"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "7"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "7(1)"
            successor: "9"
          - predecessor: "7(2)"
            successor: "9"
    recitals:
      - 29
      - 67

  - article_number: 10
    article_title: Activities
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_authorisation_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
      - supervision
      - own_funds
    keywords:
      - consumer
      - transaction
      - electronic money
      - card
      - data
      - system
      - 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: "7"
      - target: Article 29
      - target: Article 9
    external_references:
      - instrument_type: directive
        reference: "2013/36/EU"
      - instrument_type: directive
        reference: "2023/2225"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "18"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "18(1)"
            successor: "10(1)"
          - predecessor: "18(2)"
            successor: "10(2)"
          - predecessor: "18(3)"
            successor: "10(3)"
          - predecessor: "18(4)"
            successor: "10(4)"
          - predecessor: "18(5)"
            successor: "10(5)"
          - predecessor: "18(6)"
            successor: "10(7)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "6"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "6(1)"
            successor: "10"
          - predecessor: "6(4)"
            successor: "10"
          - predecessor: "6(2)"
            successor: "10(5)"
          - predecessor: "6(3)"
            successor: "10"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "18"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "18(1)"
            successor: "10(1)"
          - predecessor: "18(2)"
            successor: "10(2)"
          - predecessor: "18(3)"
            successor: "10(3)"
          - predecessor: "18(4)"
            successor: "10(4)"
          - predecessor: "18(5)"
            successor: "10(5)"
          - predecessor: "18(6)"
            successor: "10(7)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "6"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "6(1)"
            successor: "10"
          - predecessor: "6(4)"
            successor: "10"
          - predecessor: "6(2)"
            successor: "10(5)"
          - predecessor: "6(3)"
            successor: "10"
    recitals: []

  - article_number: 11
    article_title: Accounting and statutory audit
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_authorisation_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
      - supervision
      - audit
    keywords:
      - data
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "17(1)"
            successor: "11(1)"
          - predecessor: "17(2)"
            successor: "11(2)"
          - predecessor: "17(3)"
            successor: "11(3)"
          - predecessor: "17(4)"
            successor: "11(4)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "17"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "17(1)"
            successor: "11(1)"
          - predecessor: "17(2)"
            successor: "11(2)"
          - predecessor: "17(3)"
            successor: "11(3)"
          - predecessor: "17(4)"
            successor: "11(4)"
    recitals: []

  - article_number: 12
    article_title: Record-keeping
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p1_authorisation_and_supervision_part_1.md
    path: "Title II > Chapter I > Article 12"
    applies_to_entities:
      - payment_institutions
      - member_states
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - data_protection
      - aml
    keywords:
      - authorisation
      - data
      - system
    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 16
    external_references:
      - instrument_type: directive
        reference: "2015/849"
      - instrument_type: regulation
        reference: "648/2012"
      - instrument_type: directive
        reference: "2005/60/EC"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "21"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "21"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; 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_authorisation_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
      - supervision
      - competent_authorities
      - crypto_assets
      - internal_control
      - passporting
    keywords:
      - authorisation
      - electronic money
      - token
      - EBA
      - guidelines
    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 3
        paragraph: "4"
      - target: Article 5
      - target: Article 3
        paragraph: "5"
      - 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "11(1)"
            successor: "13"
          - predecessor: "11(2)"
            successor: "13(2)"
          - predecessor: "11(3)"
            successor: "13(4)"
          - predecessor: "11(4)"
            successor: "13"
          - predecessor: "11(5)"
            successor: "13"
          - predecessor: "11(6)"
            successor: "13"
          - predecessor: "11(7)"
            successor: "13"
          - predecessor: "11(8)"
            successor: "13"
          - predecessor: "11(9)"
            successor: "13"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "11"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "11(1)"
            successor: "13"
          - predecessor: "11(2)"
            successor: "13(2)"
          - predecessor: "11(3)"
            successor: "13(4)"
          - predecessor: "11(4)"
            successor: "13"
          - predecessor: "11(5)"
            successor: "13"
          - predecessor: "11(6)"
            successor: "13"
          - predecessor: "11(7)"
            successor: "13"
          - predecessor: "11(8)"
            successor: "13"
          - predecessor: "11(9)"
            successor: "13"
    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_authorisation_and_supervision_part_1.md
    path: "Title II > Chapter I > Article 14"
    applies_to_entities:
      - payment_institutions
      - competent_authorities
    topics:
      - payments
      - payment_services
      - authorisation
      - 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "12"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; 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_authorisation_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
      - supervision
    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
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "16"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "16"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; 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_authorisation_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
      - supervision
      - competent_authorities
      - payment_systems
      - aml
    keywords:
      - authorisation
      - 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "13(1)"
            successor: "16(1)"
          - predecessor: "13(2)"
            successor: "16(2)"
          - predecessor: "13(3)"
            successor: "16(3)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "13"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "13(1)"
            successor: "16(1)"
          - predecessor: "13(2)"
            successor: "16(2)"
          - predecessor: "13(3)"
            successor: "16(3)"
    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_authorisation_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
      - supervision
      - competent_authorities
    keywords:
      - authorisation
      - access
      - agent
      - branch
      - EBA
    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 33
      - target: Article 35
      - target: Article 36
      - target: Article 13
      - target: Article 33
        paragraph: "2"
      - target: Article 35
        paragraph: "1"
      - target: Article 36
        paragraph: "1"
      - target: Article 1
        paragraph: "2"
      - target: Article 29
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "14"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "14(1)"
            successor: "17(1)"
          - predecessor: "14(2)"
            successor: "17"
          - predecessor: "14(3)"
            successor: "17"
          - predecessor: "14(4)"
            successor: "17"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "14"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "14(1)"
            successor: "17(1)"
          - predecessor: "14(2)"
            successor: "17"
          - predecessor: "14(3)"
            successor: "17"
          - predecessor: "14(4)"
            successor: "17"
    recitals: []

  - article_number: 18
    article_title: EBA register
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_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
      - supervision
      - competent_authorities
    keywords:
      - authorisation
      - data
      - access
      - agent
      - branch
      - EBA
    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 33
      - target: Article 35
      - target: Article 36
      - target: Article 17
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "15(1)"
            successor: "18"
          - predecessor: "15(2)"
            successor: "18"
          - predecessor: "15(3)"
            successor: "18"
          - predecessor: "15(4)"
            successor: "18"
          - predecessor: "15(5)"
            successor: "18"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "15"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "15(1)"
            successor: "18"
          - predecessor: "15(2)"
            successor: "18"
          - predecessor: "15(3)"
            successor: "18"
          - predecessor: "15(4)"
            successor: "18"
          - predecessor: "15(5)"
            successor: "18"
    recitals: []

  - article_number: 19
    article_title: Use of agents
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_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
      - supervision
      - competent_authorities
      - fit_and_proper
      - internal_control
    keywords:
      - transaction
      - electronic money
      - agent
    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 29
      - target: Article 28
      - target: Article 30
      - target: Article 31
      - target: Article 32
      - target: Article 29
        paragraph: "1"
    external_references:
      - instrument_type: directive
        reference: "2015/849"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "19"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "19(1)"
            successor: "19(1)"
          - predecessor: "19(2)"
            successor: "19(2)"
          - predecessor: "19(3)"
            successor: "19(3)"
          - predecessor: "19(4)"
            successor: "19(4)"
          - predecessor: "19(5)"
            successor: "19(5)"
          - predecessor: "19(7)"
            successor: "19"
          - predecessor: "19(8)"
            successor: "19(7)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "19"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "19(1)"
            successor: "19(1)"
          - predecessor: "19(2)"
            successor: "19(2)"
          - predecessor: "19(3)"
            successor: "19(3)"
          - predecessor: "19(4)"
            successor: "19(4)"
          - predecessor: "19(5)"
            successor: "19(5)"
          - predecessor: "19(7)"
            successor: "19"
          - predecessor: "19(8)"
            successor: "19(7)"
    recitals: []

  - article_number: 20
    article_title: Branches
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 20"
    applies_to_entities:
      - payment_institutions
      - member_states
      - consumers
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
    keywords:
      - branch
    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 29
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "19"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "19(7)"
            successor: "20(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "19"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "19(7)"
            successor: "20(2)"
    recitals: []

  - article_number: 21
    article_title: Entities to which activities are outsourced
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 21"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
      - consumers
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - outsourcing
      - internal_control
    keywords:
      - authorisation
      - outsourcing
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "19(6)"
            successor: "21(1)"
          - predecessor: "19(8)"
            successor: "21(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "19"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "19(6)"
            successor: "21(1)"
          - predecessor: "19(8)"
            successor: "21(2)"
    recitals: []

  - article_number: 22
    article_title: Liability
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 22"
    applies_to_entities:
      - payment_institutions
      - member_states
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - liability
      - outsourcing
    keywords:
      - liability
      - agent
      - branch
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "20(1)"
            successor: "22(1)"
          - predecessor: "20(2)"
            successor: "22(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "20"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "20(1)"
            successor: "22(1)"
          - predecessor: "20(2)"
            successor: "22(2)"
    recitals: []

  - article_number: 23
    article_title: Designation of competent authorities
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 23"
    applies_to_entities:
      - payment_institutions
      - credit_institutions
      - member_states
      - competent_authorities
      - european_commission
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - competent_authorities
      - conflicts_of_interest
    keywords:
      - authorisation
      - supervision
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "22(1)"
            successor: "23(1)"
          - predecessor: "22(2)"
            successor: "23(2)"
          - predecessor: "22(3)"
            successor: "23"
          - predecessor: "22(4)"
            successor: "23(4)"
          - predecessor: "22(5)"
            successor: "23(5)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "22"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "22(1)"
            successor: "23(1)"
          - predecessor: "22(2)"
            successor: "23(2)"
          - predecessor: "22(3)"
            successor: "23"
          - predecessor: "22(4)"
            successor: "23(4)"
          - predecessor: "22(5)"
            successor: "23(5)"
    recitals: []

  - article_number: 24
    article_title: Supervision
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 24"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - outsourcing
      - competent_authorities
      - enforcement
      - sanctions
      - own_funds
    keywords:
      - authorisation
      - supervision
      - sanction
      - agent
      - branch
      - system
      - network
      - guidelines
      - 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
        paragraph: "4"
      - 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "23(1)"
            successor: "24(1)"
          - predecessor: "23(2)"
            successor: "24"
          - predecessor: "23(3)"
            successor: "24"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "23"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "23(1)"
            successor: "24(1)"
          - predecessor: "23(2)"
            successor: "24"
          - predecessor: "23(3)"
            successor: "24"
    recitals: []

  - article_number: 25
    article_title: Professional secrecy
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 25"
    applies_to_entities:
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
    keywords: []
    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 27
    external_references:
      - instrument_type: directive
        reference: "2013/36/EU"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "24"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "24(1)"
            successor: "25(1)"
          - predecessor: "24(2)"
            successor: "25(2)"
          - predecessor: "24(3)"
            successor: "25(3)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "24"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "24(1)"
            successor: "25(1)"
          - predecessor: "24(2)"
            successor: "25(2)"
          - predecessor: "24(3)"
            successor: "25(3)"
    recitals: []

  - article_number: 26
    article_title: Right of appeal
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 26"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
    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: false
    internal_references: []
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "25"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "25(1)"
            successor: "26(1)"
          - predecessor: "25(2)"
            successor: "26(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "25"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "25(1)"
            successor: "26(1)"
          - predecessor: "25(2)"
            successor: "26(2)"
    recitals: []

  - article_number: 27
    article_title: Cooperation and exchange of information
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 27"
    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
      - supervision
    keywords:
      - authorisation
      - supervision
      - settlement
      - system
      - EBA
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "26(1)"
            successor: "27(1)"
          - predecessor: "26(2)"
            successor: "27(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "26"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "26(1)"
            successor: "27(1)"
          - predecessor: "26(2)"
            successor: "27(2)"
    recitals: []

  - article_number: 28
    article_title: Settlement of disagreements between competent authorities of different Member States
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 28"
    applies_to_entities:
      - member_states
      - competent_authorities
      - european_banking_authority
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
    keywords:
      - cross-border
      - settlement
      - 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 27
      - target: Article 29
      - target: Article 30
      - target: Article 31
      - target: Article 32
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "27(1)"
            successor: "28(1)"
          - predecessor: "27(2)"
            successor: "28(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "27"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "27(1)"
            successor: "28(1)"
          - predecessor: "27(2)"
            successor: "28(2)"
    recitals: []

  - article_number: 29
    article_title: Application to exercise the right of establishment and freedom to provide services
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 29"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
      - european_banking_authority
      - european_commission
      - consumers
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - outsourcing
      - aml
      - passporting
    keywords:
      - authorisation
      - agent
      - branch
      - cross-border
      - EBA
      - notification
    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
        paragraph: "1"
      - target: Article 3
        paragraph: "3"
      - target: Article 17
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "28(1)"
            successor: "29(1)"
          - predecessor: "28(2)"
            successor: "29(2)"
          - predecessor: "28(3)"
            successor: "29(3)"
          - predecessor: "28(4)"
            successor: "29(4)"
          - predecessor: "28(5)"
            successor: "29(5)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "28"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "28(1)"
            successor: "29(1)"
          - predecessor: "28(2)"
            successor: "29(2)"
          - predecessor: "28(3)"
            successor: "29(3)"
          - predecessor: "28(4)"
            successor: "29(4)"
          - predecessor: "28(5)"
            successor: "29(5)"
    recitals: []

  - article_number: 30
    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_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 30"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - competent_authorities
      - enforcement
      - passporting
    keywords:
      - supervision
      - transaction
      - data
      - access
      - agent
      - branch
      - reporting
    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 25
      - target: Article 13
        paragraph: "4"
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "29"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "29(1)"
            successor: "30(1)"
          - predecessor: "29(2)"
            successor: "30(2)"
          - predecessor: "29(3)"
            successor: "30(3)"
          - predecessor: "29(4)"
            successor: "30(4)"
          - predecessor: "29(5)"
            successor: "30"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "29"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "29(1)"
            successor: "30(1)"
          - predecessor: "29(2)"
            successor: "30(2)"
          - predecessor: "29(3)"
            successor: "30(3)"
          - predecessor: "29(4)"
            successor: "30(4)"
          - predecessor: "29(5)"
            successor: "30"
    recitals: []

  - article_number: 31
    article_title: "Measures for cases of non-compliance, including precautionary measures"
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 31"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
      - european_banking_authority
      - european_commission
      - consumers
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - competent_authorities
    keywords:
      - agent
      - branch
      - cross-border
      - EBA
    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 30
      - target: Article 28
        paragraph: "1"
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "30"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "30(1)"
            successor: "31(1)"
          - predecessor: "30(2)"
            successor: "31(2)"
          - predecessor: "30(3)"
            successor: "31(3)"
          - predecessor: "30(4)"
            successor: "31(4)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "30"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "30(1)"
            successor: "31(1)"
          - predecessor: "30(2)"
            successor: "31(2)"
          - predecessor: "30(3)"
            successor: "31(3)"
          - predecessor: "30(4)"
            successor: "31(4)"
    recitals: []

  - article_number: 32
    article_title: Duty to give reasons
    chunk_file: /psd-3/chunks/psd-3_t02_ch0I_p2_authorisation_and_supervision_part_2.md
    path: "Title II > Chapter I > Article 32"
    applies_to_entities:
      - payment_institutions
      - competent_authorities
    topics:
      - payments
      - payment_services
      - authorisation
      - supervision
      - passporting
    keywords: []
    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 24
      - target: Article 29
      - target: Article 30
      - target: Article 31
    external_references:
      - instrument_type: directive
        reference: "2015/849"
      - instrument_type: regulation
        reference: "2023/1113"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "31"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "31(1)"
            successor: "32(1)"
          - predecessor: "31(2)"
            successor: "32(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "31"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "31(1)"
            successor: "32(1)"
          - predecessor: "31(2)"
            successor: "32(2)"
    recitals: []

  - article_number: 33
    article_title: Optional exemptions
    chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md
    path: "Title II > Chapter II > Article 33"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
      - consumers
    topics:
      - payments
      - payment_services
      - authorisation
      - competent_authorities
      - aml
    keywords:
      - authorisation
      - consumer
      - transaction
      - electronic money
      - data
      - agent
      - 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 23
      - target: Article 25
      - target: Article 26
      - target: Article 27
      - target: Article 10
      - target: Article 3
        paragraph: "3"
      - target: Article 13
        paragraph: "7"
      - target: Article 29
      - target: Article 30
      - target: Article 31
      - 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "32(1)"
            successor: "33"
          - predecessor: "32(2)"
            successor: "33"
          - predecessor: "32(3)"
            successor: "33"
          - predecessor: "32(4)"
            successor: "33"
          - predecessor: "32(5)"
            successor: "33"
          - predecessor: "32(6)"
            successor: "33"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "9"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "9(1)"
            successor: "33(1)"
          - predecessor: "9(2)"
            successor: "33"
          - predecessor: "9(3)"
            successor: "33"
          - predecessor: "9(4)"
            successor: "33"
          - predecessor: "9(5)"
            successor: "33"
          - predecessor: "9(6)"
            successor: "33"
          - predecessor: "9(7)"
            successor: "33"
          - predecessor: "9(8)"
            successor: "33"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "32"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "32(1)"
            successor: "33"
          - predecessor: "32(2)"
            successor: "33"
          - predecessor: "32(3)"
            successor: "33"
          - predecessor: "32(4)"
            successor: "33"
          - predecessor: "32(5)"
            successor: "33"
          - predecessor: "32(6)"
            successor: "33"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "9"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "9(1)"
            successor: "33(1)"
          - predecessor: "9(2)"
            successor: "33"
          - predecessor: "9(3)"
            successor: "33"
          - predecessor: "9(4)"
            successor: "33"
          - predecessor: "9(5)"
            successor: "33"
          - predecessor: "9(6)"
            successor: "33"
          - predecessor: "9(7)"
            successor: "33"
          - predecessor: "9(8)"
            successor: "33"
    recitals: []

  - article_number: 34
    article_title: Notification and information
    chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md
    path: "Title II > Chapter II > Article 34"
    applies_to_entities:
      - member_states
      - european_commission
    topics:
      - payments
      - payment_services
    keywords:
      - transaction
      - electronic money
      - notification
    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 33
      - target: Article 33
        paragraph: "1"
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "34"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "9"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "9(9)"
            successor: "34"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "34"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "9"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "9(9)"
            successor: "34"
    recitals: []

  - article_number: 35
    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 35"
    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
      - security
      - data
      - access
      - system
    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 24
        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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(3)"
            successor: "35(4)"
      - document: psd-2
        title: Second Payment Services Directive
        article: "33"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "33(1)"
            successor: "35"
          - predecessor: "33(2)"
            successor: "35"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "5"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "5(3)"
            successor: "35(4)"
      - document: psd-2
        title: Second Payment Services Directive
        article: "33"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "33(1)"
            successor: "35"
          - predecessor: "33(2)"
            successor: "35"
    recitals: []

  - article_number: 36
    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 36"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - authorisation
      - data_protection
      - operational_resilience
      - competent_authorities
    keywords:
      - authorisation
      - ATM
      - security
      - data
      - system
    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 24
        paragraph: "3"
      - target: Article 29
    external_references:
      - instrument_type: regulation
        reference: "2022/2554"
    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
    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: Duty to notify
    chunk_file: /psd-3/chunks/psd-3_t02_chII_exemptions_and_notifications.md
    path: "Title II > Chapter II > Article 38"
    applies_to_entities:
      - member_states
      - competent_authorities
      - european_banking_authority
    topics:
      - payments
      - payment_services
      - competent_authorities
    keywords:
      - transaction
      - network
      - EBA
      - notification
    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 17
      - target: Article 18
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "37"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "37(2)"
            successor: "38(1)"
          - predecessor: "37(3)"
            successor: "38(2)"
          - predecessor: "37(4)"
            successor: "38(3)"
          - predecessor: "37(5)"
            successor: "38(4)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "37"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "37(2)"
            successor: "38(1)"
          - predecessor: "37(3)"
            successor: "38(2)"
          - predecessor: "37(4)"
            successor: "38(3)"
          - predecessor: "37(5)"
            successor: "38(4)"
    recitals: []

  - article_number: 39
    article_title: Delegated acts
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 39"
    applies_to_entities: []
    topics:
      - payments
      - payment_services
      - final_provisions
    keywords: []
    contains:
      obligations: false
      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 40
      - target: Article 5
      - target: Article 33
        paragraph: "1"
      - target: Article 37
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "104"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "104"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    recitals: []

  - article_number: 40
    article_title: Exercise of the delegation
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 40"
    applies_to_entities:
      - member_states
      - european_commission
    topics:
      - payments
      - payment_services
      - final_provisions
    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 39
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "105"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "105(1)"
            successor: "40(1)"
          - predecessor: "105(2)"
            successor: "40(2)"
          - predecessor: "105(3)"
            successor: "40(3)"
          - predecessor: "105(4)"
            successor: "40(5)"
          - predecessor: "105(5)"
            successor: "40(6)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "105"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "105(1)"
            successor: "40(1)"
          - predecessor: "105(2)"
            successor: "40(2)"
          - predecessor: "105(3)"
            successor: "40(3)"
          - predecessor: "105(4)"
            successor: "40(5)"
          - predecessor: "105(5)"
            successor: "40(6)"
    recitals: []

  - article_number: 41
    article_title: Full harmonisation
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 41"
    applies_to_entities:
      - payment_service_providers
      - member_states
      - european_commission
      - consumers
    topics:
      - payments
      - payment_services
      - final_provisions
    keywords:
      - access
    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
        paragraph: "3"
      - target: Article 33
      - target: Article 37
      - target: Article 38
    external_references: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "107"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "107(1)"
            successor: "41(1)"
          - predecessor: "107(2)"
            successor: "41(2)"
          - predecessor: "107(3)"
            successor: "41(3)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "16"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "16(1)"
            successor: "41(1)"
          - predecessor: "16(2)"
            successor: "41(3)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "107"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "107(1)"
            successor: "41(1)"
          - predecessor: "107(2)"
            successor: "41(2)"
          - predecessor: "107(3)"
            successor: "41(3)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "16"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "16(1)"
            successor: "41(1)"
          - predecessor: "16(2)"
            successor: "41(3)"
    recitals: []

  - article_number: 42
    article_title: Review clause
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 42"
    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
      - system
      - scheme
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "17"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "108"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "17"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    recitals:
      - 73

  - article_number: 43
    article_title: Transitional provisions
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 43"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - final_provisions
      - authorisation
      - competent_authorities
    keywords:
      - authorisation
      - ATM
      - 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: true
    internal_references:
      - target: Article 3
      - target: Article 3
        paragraph: "3"
      - target: Article 13
      - target: Article 17
      - target: Article 18
      - target: Article 33
      - target: Article 33
        paragraph: "7"
      - target: Article 36
    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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "109(1)"
            successor: "43(1)"
          - predecessor: "109(2)"
            successor: "43(2)"
          - predecessor: "109(3)"
            successor: "43(3)"
          - predecessor: "109(4)"
            successor: "43(4)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "109"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "109(1)"
            successor: "43(1)"
          - predecessor: "109(2)"
            successor: "43(2)"
          - predecessor: "109(3)"
            successor: "43(3)"
          - predecessor: "109(4)"
            successor: "43(4)"
    recitals: []

  - article_number: 44
    article_title: Transitional provision – electronic money institutions authorised under Directive 2009/110/EC
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 44"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - final_provisions
      - authorisation
      - competent_authorities
    keywords:
      - authorisation
      - 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: true
    internal_references:
      - target: Article 3
      - target: Article 3
        paragraph: "3"
      - target: Article 13
      - target: Article 17
      - target: Article 18
      - target: Article 33
        paragraph: "7"
      - target: Article 33
    external_references:
      - instrument_type: directive
        reference: "2009/110/EC"
      - instrument_type: directive
        reference: "2009/110"
      - instrument_type: directive
        reference: "2009/110/EC"
    amended_from:
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "10"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "18"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "18(1)"
            successor: "44"
          - predecessor: "18(2)"
            successor: "44(3)"
          - predecessor: "18(3)"
            successor: "44(4)"
    predecessor:
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "10"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "18"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "18(1)"
            successor: "44"
          - predecessor: "18(2)"
            successor: "44(3)"
          - predecessor: "18(3)"
            successor: "44(4)"
    recitals: []

  - article_number: 45
    article_title: Extension period
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 45"
    applies_to_entities:
      - payment_institutions
      - competent_authorities
    topics:
      - payments
      - payment_services
      - final_provisions
    keywords:
      - electronic money
    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 43
      - target: Article 44
    external_references: []
    recitals: []

  - article_number: 46
    article_title: Amendment to Directive 98/26/EC
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 46"
    applies_to_entities:
      - payment_institutions
      - credit_institutions
      - member_states
    topics:
      - payments
      - payment_services
      - final_provisions
    keywords:
      - supervision
      - transfer
      - data
      - access
      - system
    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: regulation
        reference: "648/2012"
      - instrument_type: directive
        reference: "2013/36"
      - instrument_type: directive
        reference: "2002/87/EC"
      - instrument_type: directive
        reference: "2006/48/EC"
      - instrument_type: directive
        reference: "2006/49/EC"
      - instrument_type: directive
        reference: "2014/65"
      - instrument_type: directive
        reference: "2002/92/EC"
      - instrument_type: directive
        reference: "2011/61/EU"
      - instrument_type: regulation
        reference: "1093/2010"
      - instrument_type: regulation
        reference: "260/2012"
      - instrument_type: regulation
        reference: "2017/2394"
      - instrument_type: regulation
        reference: "2021/1230"
      - instrument_type: directive
        reference: "98/26"
      - instrument_type: regulation
        reference: "2023/1114"
      - instrument_type: directive
        reference: "2009/110/EC"
      - instrument_type: directive
        reference: "2015/2366"
    recitals: []

  - article_number: 47
    article_title: Amendment to Regulation (EU) 2023/1114
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 47"
    applies_to_entities:
      - payment_institutions
      - member_states
      - competent_authorities
    topics:
      - payments
      - payment_services
      - final_provisions
      - authorisation
      - crypto_assets
    keywords:
      - transaction
      - transfer
      - e-money
      - token
    contains:
      obligations: false
      prohibitions: false
      permissions: true
      definitions: true
      penalties: false
      delegated_powers: false
      implementing_powers: false
      rts_mandate: false
      its_mandate: false
      transitional: false
    internal_references: []
    external_references:
      - instrument_type: regulation
        reference: "2023/1114"
      - instrument_type: directive
        reference: "98/26/EC"
      - instrument_type: directive
        reference: "2009/110/EC"
      - instrument_type: directive
        reference: "2015/2366"
      - instrument_type: regulation
        reference: "2023/1114"
    recitals: []

  - article_number: 48
    article_title: Repeal
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > 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: "2009/110/EC"
      - instrument_type: directive
        reference: "2015/2366"
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "114"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "21"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "114"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "21"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    recitals:
      - 6

  - article_number: 49
    article_title: Transposition
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 49"
    applies_to_entities:
      - member_states
      - european_commission
    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: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "115"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "115(1)"
            successor: "49"
          - predecessor: "115(2)"
            successor: "49"
          - predecessor: "115(3)"
            successor: "49(2)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "22"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "22(1)"
            successor: "49"
          - predecessor: "22(2)"
            successor: "49(2)"
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "115"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "115(1)"
            successor: "49"
          - predecessor: "115(2)"
            successor: "49"
          - predecessor: "115(3)"
            successor: "49(2)"
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "22"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
        paragraph_pairs:
          - predecessor: "22(1)"
            successor: "49"
          - predecessor: "22(2)"
            successor: "49(2)"
    recitals: []

  - article_number: 50
    article_title: Entry into force
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > Article 50"
    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: []
    amended_from:
      - document: psd-2
        title: Second Payment Services Directive
        article: "116"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "23"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "116"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "23"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    recitals: []

  - article_number: 51
    article_title: Addressees
    chunk_file: /psd-3/chunks/psd-3_t03_final_provisions.md
    path: "Title III > 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 the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "24"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    predecessor:
      - document: psd-2
        title: Second Payment Services Directive
        article: "117"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
      - document: emd2
        title: E-Money Directive 2009/110/EC
        article: "24"
        note: "Derived from the Annex III correlation table printed with the 2023 PSR and PSD3 proposals, which maps PSD2 and EMD2 onto both; numbering verified against the April 2026 Council compromise text."
    recitals: []