Payment Services Directive: Navigating the Transition from PSD2 to PSD3 & PSR in the EU and Cyprus

- Χρηματοοικ. Ασφαλιστικά Τραπεζικά - Λογιστικά/ Έλεγχος/ Φορολογικά

29 Νοε 2024 09:00 29 Νοε 2024 15:00 OnLine Virtual Classroom
Αγγλικά
5 ώρες ( 1 ημέρα )
anad greek logo
Payment Services Directive: Navigating the Transition from PSD2 to PSD3 & PSR in the EU and Cyprus

ΠΕΡΙΓΡΑΦΗ

PSD2 introduces significant changes to the payment services framework, with a focus on enhancing security, innovation and consumer protection. PSD2 and PSD3 emphasise the importance of customer protection, transparency, and efficient market functioning. The framework prioritises aspects such as secure payment transactions, customer rights and promoting innovation in payment services sector. The legal obligations for payment service providers have been expanded, specifying requirements for strong customer authentication, data protection, and risk management practices to ensure a secure and efficient payment ecosystem. PSD3 builds upon the foundation laid by PSD2, aiming to further strengthen consumer protection, promote competition, and adapt to evolving technologies in the payment services industry. 

Overall, with PSD3 & PSR the legal obligations have been further strengthened, broadened and detailed to bring about significant changes in the payment services industry, focusing on enhancing consumer protection, trust, security and innovation aiming to ensure compliance with legal requirements and best practices in the evolving digital landscape.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the programme, participants will be able:

  • To present Legal Rights and Obligations under the PSD2 and the Cyprus Law (31(I)/2018)
  • To present Legal Rights and Obligations under the new Legislation PSD3 & PSR
  • To analyse the consumer protection rules according to PSD2 focusing on the most important updates, such as the amendments of PSD3
  • To analyse the practical implications of the legal requirements
  • To provide guidance concerning compliance with the new requirements

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

Who Should Attend 

  • Legal advisors
  • Qualified Lawyers
  • Compliance officers
  • Any person who provides payment services, or is involved in the payment services in Cyprus and the EU

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline 

Introduction to Payment Services Directive (PSD2)

  • Overview of the legal framework
  • Definitions, Objectives and Purpose
  • Payment Services Directive Challenges 

Payment Services Directive 2 (PSD2) – Main Requirements

  • Legal Rights and Obligations
  • Consumer Protection
  • The Cyprus Law (31(I)/2018)
  • Compliance in the Digital Era 

Introduction to Payment Services Directive 3 (PSD3)

  • Overview of the legal framework
  • Objectives and Purpose
  • Payment Services Directive Key Aspects 

Payment Services Directive 3 (PSD3) – Key Highlights

  • Legal Rights and Obligations
  • Consumer Protection
  • Compliance with the new requirements
  • Strengthening the Legal Framework 

Payment Services Regulation (PSR)

  • Overview and Updates
  • Objectives and Purpose
  • Main Requirements 

Legal Implications of Industry Trends and Emerging Technologies

  • Compliance challenges and considerations in Payment Services
  • Practical Examples, Questions & Discussion.


Training Style 

The programme is designed to deliver high-level knowledge and practical guidance to the participants and shall include lectures, power-point presentations and practical examples to enhance participants’ understanding of payment services regulations in EU and Cyprus.

The programme aims to provide in-depth knowledge and practical examples through the analysis of the legal framework. Participants will be engaged in interactive sessions, be able to ask questions, share opinions and benefit from feedback to their queries, enabling them to apply their learning at the workplace. 

 

CPD Recognition

This programme may be approved for up to 5 CPD units in Banking and Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

Πληροφορίες Εκπαιδευτή
Έλενα-Νίκη Καρλετίδη - Business Lawyer and Trainer
Dr. Elena Niki Karletidi, a business lawyer, who brings over 15 years of experience in legal, compliance, and risk areas, specializes in Commercial Law, Company Law, Banking Law, Contract Law, Investment Law, and Consumer Protection Law. Elena is a qualified Lawyer both in Greece and Cyprus Bar Associations, and holds an LLM in International Commercial Law and a PhD in Law.  Her doctoral thesis, ‘Legal Relations in Crowdfunding in Cyprus: Legal Issues and Challenges in the Digital Age,’ ...
Αναλυτικό Κόστος Σεμιναρίου

Για Δικαιούχους ΑνΑΔ

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Για μη-Δικαιούχους ΑνΑΔ

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Κοστολογικές Πληροφορίες

HRDA-approved seminars are exempted from VAT for eligible organisations applying for the HRDA subsidy. A 19% VAT will apply to seminars and participants who do not qualify for the HRDA subsidy

ΠΡΟΓΡΑΜΜΑ ΣΕΜΙΝΑΡΙΟΥ

Παρασκευή - 29 Νοε 2024

Ώρα

09:00 - 15:00

ΕΚΠΑΙΔΕΥΤΗΣ:

Έλενα-Νίκη Καρλετίδη

Τοποθεσία:

OnLine Virtual Classroom

Εκδήλωση Ενδιαφέροντος : Payment Services Directive: Navigating the Transition from PSD2 to PSD3 & PSR in the EU and Cyprus

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