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Feed/DEA2020/2673(DEA)Trade & Economy

Regulation on supplementing Directive (EU) 2015/2366 of the European Parliament and of the Council with regard to regulatory technical standards on the criteria for appointing central contact points within the field of payment services and on the functions of those central contact points (C(2019)1997)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 75mo ago
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This procedure corrects a previous regulation concerning the technical standards for central contact points in payment services. It ensures clarity and accuracy in the rules governing these crucial points of contact within the EU's payment system.

The correction affects payment service providers and financial institutions. It clarifies the criteria for appointing central contact points and their specific functions, aiming to enhance the safety and efficiency of cross-border payment services.