The new CESOP regulations will have far-reaching effects for all EU PSPs, but especially those who provide services in more than one EU Member State. Although CESOP is an EU system, the data is collected on a Member State by Member State level, and no “One-Stop-Shop” is foreseen. EU PSPs will have to file reports in all Member States where they provide qualifying services and deal with all local regulators to ensure compliance.
Source Deloitte
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