EACT Comments on the Commission Proposal for Payment Services Directive II

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.

View Document

Subscribe to the EACT Newsletter

News


EACT Award 2023

The EACT is pleased to invite its members for nominations for the 4th EACT Award.

View More

PCTA - 15 Year Anniversary

Photo from PCTA - 15 Year Anniversary

This year marks the 15th anniversary of the Association of Polish Corporate Treasurers. The 20th August, 2007 is the foundation day of the Association

View More

EACT Award 2022: And the Winner is...

EACT Award 2022: And the Winner is... For the 3rd year in a row, the EACT recognises a project realised within the European Treasury Community.

View More

Happy Holidays from the EACT

We wish you and your loved ones a happy holiday season and a new year filled with joy, prosperity and happiness.

View More

Press Release: New Board Chair Announcement

Photo from Press Release: New Board Chair Announcement

The European Association of Corporate Treasurers (EACT) announces the appointment of François Masquelier as its new Chair as from October 1st.

View More