FI is introducing new regulations regarding certain payment accounts. The regulations are a step in the implementation of the EU's Payment Accounts Directive. The directive aims for all consumers to have access to services such as payment accounts, debit cards and Internet payments. The objective is also to make it easier for consumers to compare banks' fees and switch banks or other payment service provider.
The regulations enter into force in two parts: the first part on 1 June 2017 and the second part on 1 January 2018.