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Image header Agence Europe
Europe Daily Bulletin No. 10402
Contents Publication in full By article 14 / 40
GENERAL NEWS / (ae) eu/ecofin

SEPA - agreement on deadlines confirmed

Brussels, 21/06/2011 (Agence Europe) - On Monday 20 June, European finance ministers endorsed a political agreement on the proposal for a regulation introducing the deadline of 1st February 2013 for migration towards credit transfer in accordance with the standards of the Single Euro Payments Area (SEPA) (see EUROPE 10399). The second deadline of 1st February 2014 is set for migration toward “direct debit” under SEPA. Also, by 2018, multilateral interchange fees (MIF) applicable in some...

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