The FCA has issued a statement on its website confirming that it will comply with the European Banking Authority’s guidelines of 12 December 2017 on security measures for operational and security risks of payments services under the revised Payment Services Directive.

The FCA will consult on its approach to applying these guidelines and its expectations on payment service providers’ future reporting requirements in 2018.

View EBA guidelines on operational and security risks under PSD2, 19 December 2017