Commission report on the application of the Payment Accounts Directive
May 17, 2023
On 12 May 2023, there was published a report from the European Commission to the European Parliament and the Council regarding the application of the Payment Accounts Directive (PAD). The report has been published in response to Article 28 of the PAD which requires the Commission to provide a report on the application of the Directive by 18 September 2019. The Commission delayed the publication of the report due to the need to ensure that the Directive had been in application for a certain amount of time.