| SEPA End Users Committee in Europe's Official Letter to EPC |
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The SEPA End Users Committee in Europe (the EUC) has officially written to the European Payments Council to warn the banks about the risk of not meeting any of the additional security requirements expected by a vast majority of the users of Direct Debits in Europe. The EUC also notes its disappointment with the absence of progress towards the expected creation of the SEPA Council and the slow take up of SEPA by the national administrations. The EACT's Olivier Brissaud, who chairs the SEPA End Users Committee says 'the EUC is committed to the success of SEPA but still refuses to consider an end date (the switching-off of the Direct Debit legacy systems) as long as the SEPA Direct Debit does not meet the users' requirements'. You can read the letter here |
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| Last Updated ( Friday, 16 April 2010 ) |
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| EACT Chairman discusses EU Derivatives Regulation on Reuters TV |
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Richard Raeburn, the EACT Chairman, appeared on Reuters Insider TV on Wednesday 28th July to discuss EU Derivatives Regulation. Richard comments on, amongst other related topics, the progress of the regulation proposals during the past 12 months, the relationship between corporates using derivatives and systemic risk, and why the EU's proposals for the application of thresholds could be considered a misguided concept in regards to tackling that systemic risk. You can view a video of the 5 minute appearance by clicking here. |
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