Chapter 20 IMPLEMENTATION OF THE PSD2 IN FINLAND: A NORDIC VIEW ON PAYMENT SERVICES REGULATION
Restricted access

Revised Payment Services Directive (PSD2) was implemented in Finland in two separate acts. Institutional provisions concerning the payment institutions have been implemented into Payment institutions Act, whereas the rest of the service specific provisions e.g. on information requirements, the execution of the transaction and liability are compiled to Payment Services Act which is applicable to all payment services within the scope of the PSD2. Due to the electronic identification codes are commonly used also as an identification method for access to public and private third-party services the requirements of a strong customer authentication of the PSD2 and related regulatory technical standards has been adjusted with the requirements of the eIDAS regulation. The regulation on identification services together with the implementation of the mandatory provisions of the directive on payment accounts (PAD) has brought about some country specific add-ons in the implementation of the PSD2.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with you Elgar account
Commentaries