Updated 04/02/2025
In force

Initial Legal Act
Amendments
There is currently no Level 2 legal act based on or specifying Article 20.
Search within this legal act

Article 20 - Directive 2015/2366 (PSD2)

Article 20

Liability

1.   Member States shall ensure that, where payment institutions rely on third parties for the performance of operational functions, those payment institutions take reasonable steps to ensure that the requirements of this Directive are complied with.

2.   Member States shall require that payment institutions remain fully liable for any acts of their employees, or any agent, branch or entity to which activities are outsourced.