Response to public hearing on the Consultation paper on the amendment of the RTS on SCA&CSC under PSD2

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Q1. Do you have any comments on the proposal to introduce a new mandatory exemption for the case when the information is accessed through an AISP and the proposed amendments to Article 10 exemption?

This is vital for all fintech relying on banking data to develop their business.

Q2. Do you have any comments on the proposal to extend the timeline for the renewal of SCA to 180-days?

Ideally extended it to 365 days minimum

Q3. Do you have any comments on the proposed 6-month implementation timeline, and the requirement for ASPSPs to make available the relevant changes to the technical specifications of their interfaces not less than one month before such changes are required to be implemented?

Yes TPP can do it in under 1 month and banks should do it in under 3 months

WHAT TYPE OF INSTITUTION OR STAKEHOLDER DO YOU REPRESENT?

account information service providers

Name of the organization

Agicap