# PSR Article 59b — Advertising of regulated financial services on very large online platforms and very large online search engines

Textual state: inserted. New in the compromise text.

- Current text: Council final compromise text (Council document 8221/26) — not yet law.
- Compared against: COM(2023) 367 final — superseded.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.

## New paragraph 1

{+1. For the purposes of this Article, ‘regulated financial service’ means any service of a banking, credit, insurance, personal pension, payment or investment (including cryptoassets and crowdfunding) nature for which authorisation from or registration with a competent authority is required under Union law.+}

## New paragraph 2

{+2. Providers of very large online platforms and of very large online search engines within the meaning of Article 33 of Regulation (EU)2022/2065, shall request from each advertiser of a regulated financial service an authorisation number, registration number or other information that that advertiser is a regulated financial service provider that is authorised or registered to provide the advertised regulated financial service in a Member State or at the Union level or is acting on behalf of such a provider.+}

## New paragraph 2a

{+2a. Providers of very large online platforms and of very large online search engines within the meaning of Article 33 of Regulation (EU) 2022/2065 shall, upon receiving the information referred to in paragraph 2, and prior to allowing the advertiser concerned to use their service for the purpose of advertising those regulated financial services, make best efforts, including by using the registers of authorised or registered providers of regulated financial services made available in accordance with Directive [PSD3] or other relevant Union law, to assess whether that information, for the accuracy of which advertisers are solely responsible for the purposes of this Regulation, is reliable and complete, provided that the assessment can be carried out in a proportionate manner by automated tools.+}

## New paragraph 3

{+3. Providers of very large online platforms and of very large online search engines within the meaning of Article 33 of Regulation (EU)2022/2065 who have not obtained the information referred to in paragraph 2 shall refuse to allow the advertiser of regulated financial services to use their service for the purpose of advertising those regulated financial services.+}

## New paragraph 4

{+4. For the purposes of compliance with Article 39(2), points (a), (b) and (c) of Regulation 2022/2065, where the subject matter of an advertisement is a regulated financial service, providers of very large online platforms and of very large online search engines within the meaning of Article 33 of Regulation (EU)2022/2065 shall include in their advertisement repositories information that the subject matter of the advertisement is a regulated financial service and whether the advertiser is acting on behalf of the regulated financial service provider referred to in paragraph 1.+}