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Europe Daily Bulletin No. 9918

11 June 2009
Contents Publication in full By article 24 / 33
GENERAL NEWS / (eu) eu/financial services
Commission holds consultation on whether to set end-date for SEPA project

Brussels, 10/06/2009 (Agence Europe) - The European Commission has launched a public consultation on whether to set an end-date for the introduction of certain retail financial products (bank transfers and direct debits) corresponding to the standards of the Single Euro Payments Area (SEPA). This consultation will continue until 3 August 2009. Setting a clear end-date would send out a strong signal that the migration to SEPA products is "an irreversible process", would reinforce its clarity...

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