THE PAYMENT SERVICES DIRECTIVE (PSD2)
Dive deep into the Payment Services Directive 2 (PSD2) – a significant regulation that has forever changed the landscape of banking and online payments within the European Union (EU). This course unpacks the complexities of PSD2, exploring its origins, implications, and the way it reshapes the financial ecosystem. Students will develop a comprehensive understanding of its articles, the challenges it presents, its impact on stakeholders, and its overarching significance in the realm of European economic law.
Course Objectives:
-
Understand the historical and economic context leading up to PSD2.
-
Understand the technical details and specific articles of the directive.
-
Analyze the broader implications for financial institutions, fintech companies, consumers, and other stakeholders.
-
Critique the challenges and shortcomings of the directive and explore potential solutions.