The EBA and ECB have issued a discussion paper, so as to benefit from input by market participants on a number of issues that are relevant to the development of the technical standard on strong customer authentication and secure communication in advance of PSD 2 coming into effect. The EBA invites respondents to share their views on the identified issues and on the potential clarifications suggested.

The discussion paper invites views on issues related to strong customer authentication; the exemptions to the application of strong customer authentication; the protection of the personalised security credentials of the payment service users; the requirements for common and secure open standards of communication; and possible synergies with e-IDAs Regulation on electronic identities.

The publication of the subsequent consultation paper with the draft technical standard is foreseen for the second quarter of 2016.

Responses should be provided by 8 February 2016.