(Dr. Matthias Terlau): On May 10, 2022, the EU Commission launched a consultation on the revision of PSD2. “The public consultation seeks views on both the PSD2 review and the open finance framework. It is available in all EU languages and will run for 12 weeks. You can have your say here. In addition, the Commission has also launched two targeted consultations on the PSD2 and the open finance framework. The targeted consultations require specialist knowledge. They will also run for 12 weeks and are available”. The questionnaire prepared by the EU Commission with the official title “Targeted consultation on the review of the revised payment services Directive (PSD2)” is 125 pages long and raises a number of very detailed questions.