Central Banking

ECB's Tumpel-Gugerell on payment systems issues

In the speech 'Regulatory framework and payment systems issues' given on 23 March Gertrude Tumpel-Gugerell of the ECB said within the European Union, it will be important for the proposed Payment Services Directive to be adopted and written into national legislation as soon as possible.

"According to information I have received during the past few days, the ECOFIN Council may come to an agreement on the directive soon. This would allow the European Parliament to adopt the directive at its first

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