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Codification of Cross-Border Payment Rules

Summary

This report details the consolidation of existing EU rules on cross-border payments into a single, clear regulation without changing their legal substance.
9 13.09.2021
Other
finance
business and competition

Key points

  • The proposal aims to consolidate existing rules on cross-border payments into one single regulation.
  • This is a codification process, meaning the actual legal substance remains unchanged from previous laws.
  • A technical correction was made to ensure the correct numbering of points within the regulation.
  • The European Parliament adopted its position on this matter in June 2021, leading to the final adoption of Regulation (EU) 2021/1230.

Speeches

3 Speeches in total

Pro
Contra
David Maria SASSOLI
David Maria SASSOLI
S&D
3:41 min
10. Signing of acts adopted in accordance with the ordinary legislative procedure (Rule 79)
David Maria SASSOLI
David Maria SASSOLI
S&D
0:48 min
10. Signing of acts adopted in accordance with the ordinary legislative procedure (Rule 79)
Documents (PDFs)
REPORT on the proposal for a regulation of the European Parliament and of the Council on cross-border payments in the Union (codification) Cross-border payments in the Union (codification) ***I
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