The Chapter analyses the main rules and principles of the transposition of the PSD2 in Italy. It is primarily presented the Italian legislative approach, process and measures adopted to implement the PSD2, including the regulatory regime established for the TPPs and the rules on transparency requirements. It is also specifically analysed the main ‘exclusions’ from the PSD2 framework and the application of the PSD2 to payments involving Italian public administrations. Other specific aspects subject to legal and policy analys are: the need to appoint ‘CENTRAL CONTACT POINT’; the extension of transparency requirements to microenterprises; the regulation of charges and the heatedly debated issue of the ban on surcharge; the transparency requirements for low-value payment instruments and emoney; the special liability regime between ASPSPs and PISPs; the actual content and scope of the so called “telecom exclusion” and “limited network exclusion”.
THE TRANSPOSITION OF THE PSD2 IN ITALY: POLICIES AND RULES.
Simone Mezzacapo
2021
Abstract
The Chapter analyses the main rules and principles of the transposition of the PSD2 in Italy. It is primarily presented the Italian legislative approach, process and measures adopted to implement the PSD2, including the regulatory regime established for the TPPs and the rules on transparency requirements. It is also specifically analysed the main ‘exclusions’ from the PSD2 framework and the application of the PSD2 to payments involving Italian public administrations. Other specific aspects subject to legal and policy analys are: the need to appoint ‘CENTRAL CONTACT POINT’; the extension of transparency requirements to microenterprises; the regulation of charges and the heatedly debated issue of the ban on surcharge; the transparency requirements for low-value payment instruments and emoney; the special liability regime between ASPSPs and PISPs; the actual content and scope of the so called “telecom exclusion” and “limited network exclusion”.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
