On 22 February 2024, the Council of the EU published an ‘I/A’ item note concerning the draft Regulation amending Regulations (EU) No260/2012 and (EU) 2021/1230, and Directives 98/26/EC and (EU) 2015/2366, as regards instant credit transfers in euro. The note mentions that on 7 February 2024 the European Parliament adopted its position at first reading on the European Commission’s proposal. It adds that the Permanent Representatives Committee has therefore been asked to confirm its agreement and to suggest that the Council approve the European Parliament’s position. If the Council approves the European Parliament’s position, the legislative act will be adopted. After being signed by the Presidents of the European Parliament and of the Council, the legislative act will be published in the Official Journal of the European Union.