Single european payment area (sepa)
European Commission proposes deadlines for national credit and debit transfers to migrate to Sepa system; move could divide stakeholders
European Payments Council chair slams European Commission's willingness to allow operation of multiple, national Sepa schemes; says plan would thwart aims of Sepa
More Single european payment area (sepa) articles
Systemically important payment systems get a "pass" mark but are asked to focus on crisis communication
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In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.