Latest News

EU Commission publish draft regulation - 07 December 2010

The EU Commission published a draft regulation to set the date for migration of national schemes of credit transfer and direct debit to SEPA schemes. more »


Transposition of Payment Services Directive (PSD) - 10 July 2009

The Payment Services Directive (PSD) which provides legal support for many elements of SEPA is making progress across the EU and is intended to enter into force in all SEPA countries by November 09. more »


PSD Consultation paper issued by Department of Finance - 10 July 2009

The Department of Finance has yesterday (8th July) issued a consultation paper on the transposition of the Payment Services Directive. more »


Single Euro Cash Area - 15 June 2009

One of the less-publicised components of SEPA is the SECA concept, the Single Euro Cash Area. more »


EU Approves revisions to Regulation 2560 - 07 May 2009

France defers implementation of SEPA. Will others follow? more »


Irish payments legislation expected by Summer - 05 May 2009

While the draft heads of a proposed legislative instrument for Ireland have been in circulation for some time, the draft legislation has not yet been issued.  It is expected that the Irish... more »


UK moving rapidly ahead with payments legislation - 05 May 2009

From May 1st, the UK Financial Services Authority commences to accept applications for new-type payment institutions in conformity with the EU’s Payment Services Directive of 2007. 
The... more »


Irish Government action on SEPA - 01 April 2009

In a circular dated 6th Feb, the Department of Finance spelled out it’s policy on electronic payments to be adopted by all public sector bodies in Ireland.  While referring to it’s pol... more »


Payment Services Directive – National legislation Ireland and UK - 03 March 2009

The governments of the various SEPA countries have committed to transposing the Payment Services Directive into national legislation by Nov 1st at the latest.  The Irish government has ind... more »


Tough assignment for incoming EPC Secretary General - 17 December 2008

The European Payments Council, which is the key controlling body of SEPA has advertised the position of Secretary General on 28th Nov more »


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