The European Union’s payment services framework is undergoing its most significant reform in more than a decade. The replacement of PSD2 with the Third Payment Services Directive (PSD3) and the Payment Services Regulation (PSR) will reshape the regulatory landscape for payment institutions, electronic money institutions and other payment service providers.
Together, PSD3 and the PSR introduce significant changes across authorisation, transparency obligations, fraud prevention and liability, access to payment systems and bank accounts, regulatory perimeter, data sharing, outsourcing, supervision and enforcement. As the PSR will apply directly across all EU Member States, firms will have limited time to prepare once the framework is finalised.
To help members prepare, the Electronic Money Association is launching a practical workshop series designed to explain the new framework and its operational impact.
About the workshop series
Running from September to December 2026, this expert-led online series provides a structured guide to the legal and operational changes introduced by PSD3 and the PSR.
Each session focuses on a specific topic, combining regulatory analysis with practical guidance on what firms should be doing to prepare. Workshops are delivered by subject matter experts and are designed to support organisations as they plan for implementation and organisational change.
The series opens with an overview of the legislative roadmap before exploring the principal operational and regulatory changes introduced by the new framework.
Indicative programme
| # | Workshop |
|---|---|
| 1 | Introduction to PSD3 Transformation: Overview of the timeline, preparation roadmaps, key changes, and secondary legislation dependencies |
| 2 | Beyond the Small Print: Operationalising transparency & disclosure rules (PSR Title II) |
| 3 | Access to payments systems, card schemes and bank accounts: more rights, better access? |
| 4 | What’s new about Data and Reporting: Protection and sharing of data and information to combat fraud |
| 5 | Fraud prevention & Transaction monitoring: Big changes are coming |
| 6 | PSR Complaints, NCA Investigations, Powers and Penalties: Is enforcement becoming more Intrusive? |
| 7 | PSD3 Regulatory Perimeter Changes: What changes on the regulated payment service activities and actors captured? Where do the Limited Network, Commercial Agents and Intra-Group exclusions still apply? |
| 8 | Liability: Who is paying? What are the key areas of financial exposure for a PSP? Which other actors may be financially liable? |
| 9 | Working with Third Parties: Key changes on Distributors, Agents and Outsourcing. |
| 10 | PSD3 Re-Authorisation: Timelines, changes to authorisation conditions and own funds – and what the authorisation pack may require |
| 11 | PSD3 Competent Authorities and Supervision: What’s new for providing cross-border services and home/host supervision? |
The programme remains indicative and may evolve as legislative adoption and secondary legislation develop.
Who should attend?
The series is designed for professionals working within EMA member organisations, including:
- Legal and Regulatory Affairs
- Risk and Compliance
- Operations
- Finance
- Public Policy
- Senior Management
- Regulatory Change Programme Leads
Member firms may register colleagues for the individual workshops most relevant to their responsibilities.
Format
- Online
- September–December 2026
- 45–90 minutes per session
- Practical, expert-led workshops combining legal analysis with operational guidance
Registration
This workshop series is available exclusively to EMA members.
If your organisation is already an EMA member, colleagues may register for individual workshops throughout the series.
Interested in accessing the programme? Contact the EMA to discuss membership and participation.
Supported by
This workshop series is provided for general information only and does not constitute legal advice.