payments & open finance

In In the latest edition of our global podcast series, Future of Payments, James Morris, Shen Low and Simon Lovegrove take us through some very significant reforms to Australia’s payment services regulatory framework following the publication of four new Bills, including the Treasury Laws Amendment Bill 2026: Payments System Modernisation, and what firms can do

In our latest briefing note, we summarise the key changes introduced by the Payment Services Directive 3 and Payment Services Regulation, consider key divergences from PSD2, and outline what firms should be thinking about as they prepare for the new EU legislation.

On 12 February 2026, the European Banking Authority (EBA) issued an opinion advising Member State competent authorities (NCAs) under the Payment Services Directive 2 (PSD2) on how to proceed once the transition period that is set in the EBA’s No-Action letter of 10 June 2025 comes to an end