Payment services

On 16 November 2023, the European Parliament’s Committee on Economic and Monetary Affairs published a draft report (dated 13 November 2023) on the proposal for a directive of the European Parliament and of the Council on payment services and electronic money services in the Internal Market amending Directive 98/26/EC and repealing Directives 2015/2366/EU and 2009/110/EC.

On 16 November 2023, the European Parliament’s Committee on Economic and Monetary Affairs published a draft report (dated 13 November 2023) on the proposal for a regulation of the European Parliament and of the Council on payment services in the internal market and amending Regulation (EU) No 1093/2010. The rapporteur is Marek Belka MEP.

On 27 October 2023, there was published in the Official Journal of the EU (OJ) Guideline (EU) 2023/2415 of the European Central Bank of 7 September 2023 amending Guideline (EU) 2022/912 on a new-generation Trans-European Automated Real-time Gross Settlement Express Transfer system. Guideline (EU) 2023/2415 amends Guideline (EU) 2022/912 (ECB/2022/8). The amendments:

On 16 November 2023, the European Parliament’s Committee on Economic and Monetary Affairs published a draft report (dated 13 November 2023) on the proposal for a directive of the European Parliament and of the Council on payment services and electronic money services in the Internal Market amending Directive 98/26/EC and repealing Directives 2015/2366/EU and 2009/110/EC.

On 11 November 2023, the Council of the EU announced that it had reached a provisional political agreement with the European Parliament on the instant payments proposal, which will improve the availability of instant payment options in euro to consumers and businesses in the EU and EEA countries. The initiative comes in the context of

On 18 October 2023, the Bank for International Settlement’s Committee on Payments and Market Infrastructures (CPMI) published an interim report to the G20 on linking faster payment systems (FPS) across borders: considerations for governance and oversight.

Interlinking arrangements among fast payment systems (FPS) are one of the most promising