EACT supports the European Commission’s development of an EU Retail Payments Strategy

The European Association of Corporate Treasurers (EACT) published today its response to the European Commission’s (EC) consultation on a Retail Payments Strategy for the EU. In our response we highlight the critical importance of ensuring top-down regulatory harmonisation across the EU to achieve a true single market for payments and facilitate cross-border payments by corporates. We fully support a regulatory framework that is open to innovation in the payments space.

At the same time, to ensure that the benefits of payment innovations materialise, we urge for the mandatory uptake of for example the SEPA Instant Credit Transfer Scheme (SCT Inst.) and a wider regulatory push towards the uptake of new solutions such as Request to Pay.

We also highlight that a widespread uptake of payment solutions such as instant payments needs to come hand in hand with commensurate end-user protection against fraud and mistaken payment flows.

Download EACT Response to Consultation (PDF)

View Document

News


EACT announces Tarek Tranberg as Head of Public Affairs & Policy

Tarek is an experienced public affairs expert, specialising in EU financial regulation and has previously advised financial and non-financial companies across the entire financial services value chain on their EU policy advocacy strategies at FleishmanHillard. Tarek has a profound understanding of the regulatory issues impacting treasury and of the strategic objectives of the EACT.

View More

EACT supports the European Commission’s proposal for a new Digital Finance Strategy for Europe

Read the EACT's response to the European Commission's new digital finance strategy for Europe / FinTech action plan.

View More

EACT Newsletter - June 2020

Photo from EACT Newsletter - June 2020

The latest issue looks at the results of the EACT Survey, FX hedging in volatile markets, and shares the latest news from EACT and its member associations.

View More

EACT Newsletter - April 2020

Photo from EACT Newsletter - April 2020

The latest issue looks at how to plan liquidity requirements during Covid-19, defend against fraud and cyberattacks, and shares the latest news from EACT and its member associations.

View More

Covid-19 Resource Centre

Photo from Covid-19 Resource Centre

The Covid-19 pandemic is confronting all of us with new challenges. To help navigate some of the uncertainty, we have created a dedicated resource centre that takes you through some of the policy and regulatory measures that have been adopted or are being discussed at EU and international level.

View More