# PSD3 Article 43 — Review clause

Textual state: amended_substantial. 181 words changed; 1 paragraph added

- Current text: Council final compromise text (Council document 8222/26) — not yet law.
- Compared against: COM(2023) 366 final — superseded.
- Classification is mechanical; method: https://paymentslaw.eu/method/
- Editorial review state: not_assessed. Markers are curated and selective, not a complete assessment.

Word-level diff, proposal → compromise: `{+text+}` was inserted, `[-text-]` was deleted.

## Paragraph 1

1. The Commission shall, by [ OP please insert the date = [-5 -]{+7 +}years after entry into force of this Directive], submit to the European Parliament, the Council, the ECB and the European Economic and Social Committee, a report on the application and impact of this Directive, and in particular on: (a) the appropriateness of the scope of this Directive, in particular regarding the possibility of extending it to certain services, including the operation of payment systems and the provision of technical [-services including processing or the operating of digital wallets, -]{+services, +}which are not covered in the scope; (b) the impact of the revision of Directive 2014/49/EU on the safeguarding of customer funds by payment [-institutions. -]{+institutions; (ba) the provisions on services whereby cash is provided in retail stores without a purchase, especially on the need of further harmonisation of these provisions; (bb) the total number and market share of payment service providers authorised under this Directive, classified per each Member State. +}Where appropriate, the Commission shall submit a legislative proposal together with its report.

## Paragraph 2

2. The Commission [-shall, -]{+shall +}by [ OP please insert the [-date= -]{+date = +}three years after [-the date -]{+entry into force +}of [-application of the PSR] -]{+this Directive], +}submit to the European Parliament, the Council, the ECB and the European Economic and Social Committee, a report on the scope of this Directive, with regard in particular to payment systems, payment schemes and technical service providers. {+The report shall also cover the current applications of the payment service referred to in Annex I, point (8), and its key features, including in particular the distinction between accounts used to store electronic money and traditional payment accounts. +}Where appropriate, the Commission shall submit a legislative proposal together with [-that -]{+its +}report.

## New paragraph 2a

{+2a. The Commission shall by [ OP please insert the date = 18 months after entry into force of this Directive], submit to the European Parliament, the Council, the ECB and the European Economic and Social Committee, a report on the possibility of extending the scope of this Directive to the processing or the operating of digital wallets. Where appropriate, the Commission shall submit a legislative proposal together with its report.+}