The European Parliament has adopted the proposed Regulation on interchange fees for card-based payment transactions (MIF Regulation) and the proposed Regulation on European Long-Term Investment Funds (ELTIF Regulation).

Both of the Regulations need to be adopted by the Council of the EU and will enter into force 20 days after their publication in the Official Journal of the EU.

With a number of exceptions, the MIF Regulation will apply from the date of entry into force. The ELTIF Regulation is expected to apply six months after it enters into force.

View European Parliament – texts adopted at the sitting of 10 March 2015, 10 March 2015