The CBI's first dedicated CASP chapter signals a regulator in active supervisory build-out. Six focus areas, key messages mapped to MiCAR obligations, and questions for Board, CEO, and Head of Compliance.
Agreement between EU Parliament and Council was reached in November 2025. Final adoption is expected mid-2026 and the PSR applies 21 months after that. Payment firms need to begin impact assessments now, particularly around IBAN verification, open banking obligations, and fraud liability frameworks.
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