What is the regulatory intent behind Financial Conduct Authority document PS18/24: Approach to Final Regulatory Technical Standards and EBA Guidelines Under the Revised Payment Services Directive?

In PS18/24, the Financial Conduct Authority (<a href="/glossarycollection/financial-conduct-authority" style="color:#48277C;" target="_blank" title="Financial Conduct Authority">FCA</a>) sets out new or amended rules, directions and guidance to implement Regulatory Technical Standards (<a href="/glossarycollection/regulatory-technical-standards" style="color:#48277C;" target="_blank" title="Regulatory Technical Standards">RTS</a>) for Strong Customer Authentication and Common and Secure Open Standards of Communication, along with related guidelines developed by the European Banking Authority (<a href="/glossarycollection/european-banking-authority" style="color:#48277C;" target="_blank" title="European Banking Authority">EBA</a>) under the Second Payment Services Directive (<a href="/glossarycollection/the-second-payment-services-directive" style="color:#48277C;" target="_blank" title="The Second Payment Services Directive">PSD2</a>). 

(c) The Financial Conduct Authority