Digital Euro Rulebook: What the ECB Expert Call Means for PSPs
What the ECB digital euro rulebook workstreams and PSP pilot call mean for payment service providers. Timeline, open questions, and what to prepare.
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.
What the ECB digital euro rulebook workstreams and PSP pilot call mean for payment service providers. Timeline, open questions, and what to prepare.
Practical guide to the EPC Verification of Payee scheme for Luxembourg PSPs. Covers the VoP rulebook, compliance deadlines, name-matching logic, EPC Directory Service, and a preparation checklist for PIs and EMIs approaching their 2027 deadline.
If you run a payment institution or electronic money institution authorised by the CSSF, the next 18 months will reshape the rules you operate under. The European Parliament and Council reached provisional political agreement on PSD3 and the Payment Services Regulation (PSR) on 27 November 2025. Formal adoption and publication in the EU Official Journal…
Luxembourg credit institutions had their first deadline on 9 January 2025. They had to be reachable for instant credit transfers in euro by that date. Their second deadline, sending instant payments, hit on 9 October 2025. For Luxembourg banks that were already live on SCT Inst voluntarily, the regulation mostly formalized existing practice and added…
Introduction PSD2 reporting is not optional – payment institutions face multiple overlapping reporting obligations including statistical, prudential, fraud, incident, and complaint reporting, each with distinct deadlines, data sources, and regulatory recipients. Payment Services Directive 2 (Directive (EU) 2015/2366) fundamentally reshaped how payment institutions, e-money institutions (EMIs), account information service providers (AISPs), and payment initiation service…
Introduction CESOP reporting is a mandatory quarterly obligation for European payment service providers handling cross-border transactions above the 25-payment threshold – missing the deadline or submitting inaccurate data can result in supervisory action and penalties. If you work in payments or compliance at a European financial institution, CESOP likely sits on your regulatory checklist. For…