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The implementation of PSD2 in Spain

The date for EU Member States to implement PSD2 into national law is set for 13 January 2018, but in Spain, it currently seems unlikely that this deadline will be met, as the Spanish authorities have only made modest progress towards enacting regulation around PSD2 so far. Still, Jaime Bofill and Pablo de La Fuente, Counsel and Junior Associate respectively at Hogan Lovells, explain here that the eventual implementation of PSD2 could well have a positive impact on the Spanish payments market.

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