Directive on payment services
Koponen, Risto (21.04.2006)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074895
A single payment area across the EU would generate considerable cost savings and improve services. But creating a single payment area requires harmonised legislation. In December 2005, the European Commission issued a proposal for a directive on payment services which would almost totally harmonise legislation on payment services and the relationship between service provider and user in the EU.