European Union: European Parliament and Council reached agreement on Payment Services Regulation for the internal market including data protection regulation
Description
European Parliament and Council reached agreement on Payment Services Regulation for the internal market including data protection regulation
On 27 November 2025, the European Parliament and Council reached an agreement on the Payment Services Regulation (PSR) for the internal market. The PSR regulates personal data processing for fraud prevention and secure payment execution. It sets con…
Scope
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
supranational
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2023-06-28
under deliberation
2023-08-22
under deliberation