Reporting and compliance for payment institutions, electronic money institutions, and account servicing PSPs. This section covers PSD2 reporting requirements, the upcoming PSD3/PSR transition, SEPA Instant Payments Regulation, Verification of Payee under the EPC scheme, the digital euro PSP pilots, CESOP cross-border payments reporting, and EPC industry reports. Articles are practical guides – what to file, who reports, deadlines, and templates – aimed at payment firms across the EU. You’ll find both pillar reference guides and ongoing analysis of regulatory developments at the EBA, ECB, and European Payments Council. Start with the PSD2 reporting guide or the SEPA Instant Payments guide for the fundamentals.
In October 2026 the Reserve Bank of Australia published its Summary of Submissions to the Review of Payments System Regulation Issues Paper; the document itself is dated 6 October 2026. Seventy-five stakeholders answered the Issues Paper released on 25 June 2026. The RBA published 56 of those submissions in August and received the rest on…
On 24 September 2026 the ECB announced that its Governing Council had approved a feasibility assessment for TIPS Pix interlinking: a possible connection between the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform and Pix, the fast payment system owned and operated by the Central Bank of Brazil. The two central banks will work through technical,…
On 18 September 2026 the Hong Kong Monetary Authority published its payment card statistics for the second quarter of 2026, and the headline is a large round number: 31.03 million credit cards in circulation by the end of the quarter. The HKMA payment card statistics look like a simple scoreboard, but every line on the…
On 18 September 2026 the Hong Kong Monetary Authority (HKMA) published its stored value facility (SVF) statistics for the second quarter of 2026: 90.38 million SVF accounts in use, around 2.2 billion transactions worth HK$264.7 billion in the quarter, and HK$21.8 billion of user money held as SVF deposit and float at quarter-end. Those figures…
The EPC OCT Inst scheme has been live since 28 November 2023, and on 15 September 2026 the European Payments Council hosted its OCT Inst in Action webinar with payment service and infrastructure providers that were implementing or already offering OCT Inst-based services. If your firm uses the OCT Inst scheme for an international instant…
On 11 September 2026 the European Payments Council opened a public consultation on version 0.1 of the proposed FRIDA scheme rulebook. The consultation period runs from 11 September to 10 December 2026. FRIDA, the FRaud Information Distribution Arrangement, is the EPC’s proposed scheme for exchanging fraud data between payment service providers on account-to-account transactions across…
On 9 September 2026 the European Payments Council (EPC) removed the fixed end date it had set for unstructured customer addresses in SEPA payments. Its Payment Scheme Management Board (PSMB) decided to delay the 15 November 2026 sunset of the unstructured address format across all five EPC payment scheme rulebooks, and support for unstructured addresses…
Bank Indonesia and the Monetary Authority of Singapore switched on the Indonesian rupiah-Singapore dollar Local Currency Transaction framework on 31 August 2026. From that date, twelve appointed banks can facilitate eligible current-account transactions, direct investment and cross-border payments in rupiah and Singapore dollars, with direct IDR-SGD quotation promoted under the framework. The announcement is short,…
On 26 February 2026 the Committee on Payments and Market Infrastructures (CPMI) published an updated set of harmonised ISO 20022 data requirements for enhancing cross-border payments, replacing the report it delivered to the G20 in October 2023. The document and technical annex recommend that payment system operators and participants align their ISO 20022 usage guidelines…
On 28 August 2026 the ECB confirmed that the Eurosystem is reassessing the timeline for the November 2026 TARGET Services release. TARGET Services comprise T2 for settling payments, T2S for settling securities, TIPS for settling instant payments and the ECMS for collateral management, so release-calendar changes can affect participants across several Eurosystem market infrastructures. The…