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fscom – PSD2: further inside the regulator

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Drawing on my experience of heading up the Payment Services Authorisations Team at the FCA for many years, I spoke last week ( the FCA’s expectations for authorisations and re-authorisations, and offered some insight into how they might approach the challenges brought about by PSD2. I now explore the risks inherent in firms wishing to ‘upgrade’ their licences, the new entrants under PSD2 and the FCA’s approach to supervision.

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