The amendments entail that a payment service provider must only report relevant incidents to FI, i.e., incidents that are classified as serious. The amendments also entail that FI must receive relevant information about the fundamental causes of the incidents and the measures the firms intend to take to prevent the incidents from occurring again. The amendments were preceded by the European Banking Authority's (EBA) updates to its guidelines for reporting serious incidents pursuant to the second Payment Services Directive (PSD2).
The amendments enter into force on 1 April 2022. Amendment 2022:6