Update to European order for payment procedure forms

Summary

The European Parliament decides not to object to a new regulation that updates the official forms used in the European order for payment procedure. This ensures consistency with recent legal amendments.
10 05.07.2017
Other
finance
administrative law
business and competition

Key points

  • Updating the standardized forms used for European payment orders to ensure they are current.
  • Ensuring legal consistency with recent amendments to the main regulation.
  • The decision is based on specific legal provisions within the existing European order for payment regulation.
  • The new administrative forms are scheduled to enter into force in mid-July 2017.
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