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.
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…
On 28 August 2026 the European Payments Council (EPC) confirmed that its 15 November 2026 end-date for the fully unstructured address format in SEPA scheme messages still stands. The confirmation landed one day after Swift said, on 27 August 2026, that it would extend the migration period for structured addresses in cross-border ISO 20022 payment…
On 27 August 2026 the Reserve Bank of Australia’s Payments System Board met and reported developments across four areas: it endorsed the annual assessment of ASX’s clearing and settlement facilities against the Financial Stability Standards, discussed progress on the account-to-account (A2A) payments roadmap, endorsed the proposed approach to consulting on the future role of the…
The Bank of England will not run its November 2026 RTGS standards release. On 27 August 2026 the Bank confirmed it is deferring that release in its entirety, including the messaging standards for CHAPS payments, after Swift announced its decision to delay the November 2026 Swift Standards Release. For any CHAPS direct participant that had…
For payment card schemes within Article 7 of Regulation (EU) 2015/751, Commission Delegated Regulation (EU) 2018/72, in force since 7 February 2018, specifies the card scheme processing separation requirements: the accounting, organisational and decision-making independence applying between schemes and processing entities. Article 7 does not apply to three-party payment card schemes unless the scheme is…
On 19 August 2026 the Eurosystem named 61 financial market stakeholders and public sector institutions to the Appia contact group, the standing forum that will now shape how central bank money settles tokenised assets in Europe. The seats were filled from a call for expressions of interest issued on 1 June 2026, and the group…
On 18 August 2026 the European Central Bank asked a narrow slice of the technology industry a very specific question: are the secure-hardware standards behind the offline digital euro mature enough, and does the market support them? The call for expression of interest, published through the ECB’s market infrastructure and payments news channel, gives interested…
On Sunday 9 August 2026, Hong Kong’s Faster Payment System (FPS) is scheduled to suspend all real-time services for ten hours. The Hong Kong Monetary Authority (HKMA) confirmed on 3 August 2026 that the FPS will be unavailable from 1:00 am to 11:00 am Hong Kong time while Hong Kong Interbank Clearing Limited (HKICL), the…