The act amends the Payment Services Act 2018 and transposes EU payment directives (2015/2366 and 1998/26), indicating broad payments regulation updates, but the update lacks specific details on which payment services are materially affected.
Clearing and Settlement Infrastructures (60%)The act implements the Finality Directive (1998/26), which governs settlement finality in payment and securities systems, but the update does not specify settlement infrastructure changes.
The act amends the Payment Services Act 2018 and implements EU Directive 2015/2366 (PSD2), which governs payment service providers, but the update is a broad legislative collection act affecting 21 financial services laws without specifying which payment-specific provisions were amended.
Supervision (60%)Low confidence — requires human review. The act implements multiple EU directives including those related to payment services, but the update lacks detail on specific regulatory obligations, making it difficult to assign a precise secondary tag.
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