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.
The 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.
View MoreEACT is proud to partner with RedCompass Labs to sponsor the 2024 European Instant Payments Survey.
View MoreJoin us at the ACT Annual Conference at ACC Liverpool, UK, on 21-22 May 2024. A limited number of free places are available for EACT members.
View MoreThe European Associations of Corporate Treasurers (EACT) is pleased to invite its members to submit nominations for the 5th EACT Award in 2024.
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