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Europe Daily Bulletin No. 9134

18 February 2006
Contents Publication in full By article 21 / 31
GENERAL NEWS / (eu) eu/financial services
Commission threatens banking industry with regulatory intervention unless it speeds up SEPA implementation

Brussels, 17/02/2006 (Agence Europe) - On 13 February, the European Commission published a policy paper questioning the self-regulatory objectives which, until now, had been applied by the parties interested in implementation of the Single Euro Payments Area (SEPA). The Commission, which hopes the new regime will be operational for 2010, criticises the preparatory work done by the European Payments Council (EPC) - the body set up by the banking industry to plan the regime - and threatens...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
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