EPC chairman 'shocked' at Brussels' 'competing' Sepa schemes


The head of the European Payments Council, the body tasked with coordinating payments-related activity among lenders on the continent, on Wednesday expressed dismay at the admission that in preparing regulation for Sepa payments, the European Commission was considering allowing multiple Sepa schemes at national levels.

"It is shocking," said Gerard Hartsink, executive at ABN AMRO and chair of the European Payments Council (EPC) at a panel discussion at Sibos, a payments conference hosted by

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