Critical IPR Compliance Deadlines for Banks Unveiled: Are You in Scope?
The recently unveiled IPR Compliance Deadlines mandates that all payment service providers (PSPs), E-money Institutions (EMIs) and Payment Institutions (PIs) must provide customers with the facility of instant SEPA credit transfers in euro. This includes both sending and receiving such payments, ensuring they occur in real-time—within 10 seconds of initiation. The facility must be available […]