Council approves PRIPs and payment accounts texts: The Committee of Permanent Representatives has approved, on behalf of the Council, the texts of the political agreements reached with EP on the Packaged Retail Investment Products (PRIPs) Regulation and the Directive on payment accounts. (Source: Council Confirms PRIPs Agreement and Council Confirms Payment Accounts Agreement)

Presidency tables second compromise text for transfer of funds Regulation: The Presidency of the Council has tabled a second compromise text for Member States to negotiate their approach to the proposed Regulation on information accompanying transfers of funds. A new provision delegates on the European Supervisory Authorities the adoption of guidelines on detecting cases where payer or payee information is missing and the follow-up actions that payment service providers would have to adopt in those cases. (Source: Presidency Compromise Text 8 April)