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Belgium’s progress towards SEPA – the Single Euro Payments Area [PDF]
The self-regulatory nature of the SEPA has not in itself been sufficient to achieve a swift transition to the European credit transfers and direct debits. It is for this reason that the European authorities have taken the initiative to pass legislation governing the migration to the Single Euro Payments Area.
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The Single Euro Payments Area: Can innovation be mandated?
Journal of Payments Strategy & Systems, 2011The Single Euro Payments Area is an ambitious policy maker-inspired project to build a European Union-wide internal market for payments which will not only be efficient but can also be used as a springboard for payment innovation in the future. Self-regulation by the banking industry has delivered the foundations for pan-European payment instruments ...
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The single payments area in Europe
Columbia Journal of European Law, 2010Recent legislative developments in the field of payment services in the European Union aim at building a uniform European payments market. The creation of an internal market for payments has been the result of both industry self-regulation and public regulation.
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Single euro payments area from the retail banking perspective
Journal of Payments Strategy & Systems, 2006Europe-wide cashless payments are soon set to become reality with the ‘single euro payments area’ (SEPA). In line with plans by the European Commission and the European Central Bank, from January 2008 bank customers in all EU countries will be able to make cross-border credit transfers, direct debit and card payments as easily and securely as they ...
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The Single Euro Payments Area: New Alliances Required to Tip the Market [PDF]
When it was originally proposed, the Single Euro Payments Area (SEPA) was hailed for its potential to contribute significantly to making Europe the most competitive and dynamic knowledge-driven economy by 2010. All national payments standards were supposed to disappear and be replaced by new SEPA standards, which would allow additional economies of ...
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IMPLEMENTATION OF SINGLE AREA PAYMENT SCHEME IN THE EU NEW MEMBER STATES
2008The 2003 reform represents a significant shift in the EU policy, particularly in its movement to decoupled support. The potential impact of the reform depends on a range of factors including the modalities of its implementation and the structure of farming sectors in different countries.
Davidova, Sophia, Davidova, Sophia
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The Implications of Single Euro Payments Area
2014With the creation of the euro by the Maastricht Treaty in 1992, European integration has deepened. Even with this step done the financial market is fragmented. In order to eliminate this disadvantage, the European Union has taken a number of measures. The first step is the Financial Services Action Plan in 2000, through the Lisbon Strategy.
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ROMANIAN ELECTRONIC SYSTEM OF INTERBANK PAYMENTS IN THE BACKGROUND OF CREATING THE SINGLE EURO PAYMENTS AREA [PDF]
Along with financial markets growth, the amplitude of settlements through payment systems has continuously increased. At the same time, it is necessary to be correlated with the need of streamline of noncash payments and with clients’ demands to transfer sure, efficient and low-cost amounts of money.
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Promoting the Integration of Payment Markets: A Stakeholder’s Vision
European Business Organization Law Review, 2022Maria Manuela Domingos +2 more
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