Today’s episode is timely one. We meet up with Scott McInnes, partner in the Brussels office of international law firm Bird & Bird, to deep dive the recently published package of new payments legislation proposed by the European Commission. Scott has more than 15 years’ experience of competition law and regulation, with considerable expertise in payments regulation and competition law across Europe. First off we review the much anticipated 3rd Payment Services Directive - PSD3  -  which consists of 2 proposals, the Directive plus the Payment Services Regulation or PSR. Secondly, we take a look at a proposal for a framework for financial data access or FIDA which seeks to extend Open Banking to establish rights and obligations to manage customer data sharing in the broader financial sector beyond payment accounts. And then Thirdly, we discuss the proposed framework to facilitate the possible introduction of a digital euro which is perhaps the most radical and transformative idea on the table. With the EU payments legislation pipeline now chocker block, we also consider the UK’s post Brexit position and the fact that the UK has for the first time in the 20 + years of EU payments regulation, not had any input or say in the drafting of the proposed legislation. Below are Bird & Bird’s client alerts on PSD3 and PSR: ‍https://www.twobirds.com/en/insights/2023/global/proposed-psd3-and-payment-services-regulation-psr-bird-and-birds-initial-thoughts And, on FIDA: https://www.twobirds.com/en/insights/2023/global/proposed-open-finance-framework-fida-bird-and-birds-initial-thoughts Podcast episode links: https://www.edgardunn.com/theedcpodcast Martin’s contacts: https://linktr.ee/martinkoderisch