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Financial Regulatory Developments 29 August - European Central Bank (ECB)

  • Dentons
  • -
  • European Union
  • -
  • August 29 2014

ECB has identified four payment systems as being systemically important. These are TARGET2, EURO1, STEP2-T and CORE(FR). The designations, for the

Financial Regulatory Developments 29 August - European Supervisory Authorities (ESAs)

  • Dentons
  • -
  • European Union
  • -
  • August 29 2014

The Joint Committee of the ESAs has published the translations of the guidelines for complaints-handling for the securities and banking sectors. They

Financial Regulatory Developments 29 August - European Banking Authority (EBA)

  • Dentons
  • -
  • European Union
  • -
  • August 29 2014

EBA has again updated its single rulebook FAQs. (Source: EBA Updates FAQs

EPC invites participation in new poll

  • Eversheds LLP
  • -
  • European Union
  • -
  • August 26 2014

The European Payments Council (EPC) has launched a poll inviting responses from payment audiences to cast a vote on which initiative they believe is

EBA publishes final templates for 2014 EU-wide stress test

  • Shearman & Sterling LLP
  • -
  • European Union
  • -
  • August 26 2014

On August 20, 2014, the European Banking Authority ("EBA") published the final templates that will be used for the publication of data relating to

EPC publishes guidance on reason codes for SDD R-transactions

  • Eversheds LLP
  • -
  • European Union
  • -
  • August 26 2014

The European Payments Council (EPC) has published guidance on 'reason codes' for SEPA Direct Debit (SDD) 'R-transactions' to clarify which reason

Alliance calls for urgent action on card fees

  • Eversheds LLP
  • -
  • European Union
  • -
  • August 26 2014

On 4 July 2014, the European Payment Users Alliance issued a press release for the attention of politicians in Europe, calling for the regulation of

A step closer to basic payment services for all

  • Eversheds LLP
  • -
  • European Union
  • -
  • August 26 2014

The Council of the European Union (Council) adopted a directive on 23 July 2014, which is designed to guarantee access to basic payment services and

ECB’s opinion supports PSD2

  • Eversheds LLP
  • -
  • European Union
  • -
  • August 26 2014

The European Central Bank's (ECB) opinion on proposals for a new directive on payment services in the Internal Market, which would incorporate and

SEPA landmark reached

  • Eversheds LLP
  • -
  • European Union
  • -
  • August 26 2014

A landmark was reached on 1 August 2014 for the Single Euro Payments Area (SEPA), when it became fully operational in Europe. Marking a significant