Response to consultation on the Technical Standards on the EBA Register under PSD2

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Question 2: Do you agree with the proposed criteria and functionalities related to the search of information in the EBA Register? If not, please provide your reasoning.

We do not agree that the directory will not facilitate automatic real-time extraction of data. Our opinion is that the information should be accessible in real time, so that a bank can immediately check authorization of a third-party
requesting customer data. Otherwise there is a high security risk for consumers and the system as a whole.

Please select which category best describes you and/or your organisation

[Trade association"]"

Name of organisation

Association of Latvian Commercial Banks