The EACT has published a position paper on the Commission's proposal for a revised Payment Services Directive. The position focuses on the need to ensure that corporates' centralised payments operations remain out of scope of the Directive as the intra-group exemption is currently not applied coherently across Member States and the revision introduces some further uncertainty as to whether corporate in house banks or shared services centres could be regarded as falling within the scope of the Directive. We also argue that the changes proposed by the Commission to the unconditional refund right for direct debit transactions would be counterproductive and unfeasible to implement.
EACT Board Member, Guillermo De La Fuente has been selected as member of the European Banking Authority (EBA)'s Stakeholder Group.
View MoreThis year, we received circa 250 answers from Group Treasurers of the largest international companies across Europe. We are delighted to share the results with you.
View MoreThe Italian association (AITI) are pleased to share a survey on sustainable supply chain finance. All EACT members are invited to take part.
View MoreThe EACT Board would like to personally thank all our delegates and sponsors in attendance at last week's EACT Summit.
View MoreEACT representatives were delighted to announce the three winners of this year's EACT Award during a ceremony at the recent Summit in Brussels.
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