The EFA has provided its comments regarding Guidelines 06/2020 on the interplay of the Second Payment Services Directive and the GDPR. The EFA welcomes the Guidelines’ clarification as to the lawfulness of processing data for other purposes than the ones set out in the PSD2 (see below under 1). However, in EFA’s opinion, the Guidelines need to further clarify technical measures and information requirements in regard to data of Silent Parties.
Please find the EFA’s input here.