European Regulation of Payment Services - The Story So Far

Journal of International Banking Law and Regulation, p. 451, 2007

Journal of Banking and Finance Law and Practice, Vol. 18, p. 167, 2007

43 Pages Posted: 7 Feb 2011

See all articles by Rhys Bollen

Rhys Bollen

Monash University - Faculty of Law

Date Written: May 1, 2007

Abstract

Payments have been described as the 'oil in the wheels of the Internal Market'. As part of the wider internal market project, the European Commission has over a number of years pursued legislation and other measures to encourage a pan-European 'Single Payment Area'. This article introduces the EU internal market, examines the rationale for payment services regulation, the EU legislative model and the EU's approach to payment services regulation to date. It includes a detailed review of the main current pieces of EU legislation dealing payment services and intermediaries.

Suggested Citation

Bollen, Rhys A., European Regulation of Payment Services - The Story So Far (May 1, 2007). Journal of International Banking Law and Regulation, p. 451, 2007, Journal of Banking and Finance Law and Practice, Vol. 18, p. 167, 2007, Available at SSRN: https://ssrn.com/abstract=1756377

Rhys A. Bollen (Contact Author)

Monash University - Faculty of Law ( email )

Wellington Road
Clayton, Victoria 3800
Australia

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