The Council has adopted the revised Payment Services Directive (PSD2) as published in October (see FReD 23 October). PSD2 adapts the rules to cater for emerging and innovative payment services, including internet and mobile

payments. It aims to ensure a more secure environment for payments, in particular for those using remote channels. It will now enter into force on the 20th day following its publication in the OJEU (which has not happened yet). (Source: Council Adopts PSD2)