ESMA · ESMA_QA_803 Answer Published

General provisions

Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
Article
Directive (EU) 2015/2366
Topic
Information to clients on topics other than costs and charges
Submitted
2022-05-19
Answered
2022-05-19

Question

Are there any circumstances where payment services can be performed by an entity not authorised as payment services provider in accordance with Directive (EU) 2015/2366?

Answer

No, all payment services of a CSP must be performed by a payment services provider in accordance with Directive (EU) 2015/2366.

This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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