+Guideline 2: Criteria and indicators

Guideline 2: Criteria and indicators

2. 1 When stipulating the minimum monetary amount of the PII or comparable guarantee to be held by undertakings, competent authorities should use the following criteria and their indicators:

  • a. the risk profile criterion:
i. ii. iii.value of requests for refunds, for the liabilities referred to in Article 5(2) and (3) of PSD2, received by the undertaking; number of initiated payment transactions by an undertaking that provides PIS; number of payment accounts accessed by an undertaking that provides AIS;
  • b. the type of activity criterion:
i. ii. iii.whether the undertaking provides exclusively PIS or AIS, or both; whether the undertaking provides other payment services as referred to in Annex I to PSD2; whether the undertaking is engaged in business other than payment services;
  • c. the size of activity criterion:
i. ii.for undertakings that provide PIS, the value of the transactions initiated; for undertakings that provide AIS, the number of clients that make use of the AIS;
  • d. the comparable guarantee criterion:
i. ii.specific characteristics of the comparable guarantee; triggers for the implementation of the comparable guarantee.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/