In relation to the Payment Services Directive II (PSD2), I have received the following comments.
AIB
"AIB has implemented all aspects of PSD II which came into effect on 13 January 2018 and is on track to implement the remaining articles once the final Regulatory Technical Standards (RTS) has been published and its implementation date agreed."
PTSB
"Permanent TSB implemented PSD2 on the 13th January 2018 and updated and communicated to customers the changes in Terms and Conditions accordingly."
Statutory Instrument No. 6 of 2018 – European Union (Payment Services) Regulations 2018 – deals with PSD2. Section 134 sets out the penalties for offences under Statutory Instrument No. 6 which are listed under sections 126-131. Statutory Instrument No. 6 can be found at the following link:
http://www.finance.gov.ie/wp-content/uploads/2018/01/18012-S.I.-No.-6-of-2018-European-Union-Payment-Services-Regulations-2018.pdf