A Review of Recent Developments in European Payment System Regulation (Including the Proposed Payment Services Directive)
Journal of Banking and Finance Law and Practice, Vol. 19, p. 47, 2008
Journal of International Banking Law and Regulation, p. 532, 2007
41 Pages Posted: 7 Feb 2011
Date Written: May 23, 2007
The European Commission continues to pursue legislation and other measures to encourage a pan-European ‘Single Payment Area’ as part of the wider internal market project. This article examines some recent reviews of the existing legislation on payment services, takes a detailed look at industry’s Single European Payment Area (SEPA) initiative and gives a detailed account of the proposed Payment Services Directive and its likely impact.
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