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…
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 23 July 2026 the Council adopted the EU’s 21st sanctions package. The package-wide headline was 218 listings: 48 individuals and 170 entities. The Russia asset-freeze additions were made by Council Implementing Regulation (EU) 2026/1843, which added 48 persons and 168 entities to Annex I of Regulation (EU) No 269/2014 and entered into force on…
On 11 September 2026 the European Payments Council (EPC) published a small web tool with an outsized job: the Instant Credit Transfer Scheme Selector. It addresses an operational classification question for instant-payment design: does the use case fall under the SEPA Instant Credit Transfer (SCT Inst) scheme, the One-Leg Out Instant Credit Transfer (OCT Inst)…
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…
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 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…
On 6 August 2026 the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) opened a voluntary survey asking electronic money institutions (EMIs) and payment service providers (PSPs) about their experience with the central contact point framework, and the window closes on 15 September 2026. The CSSF relayed the exercise to the Luxembourg…
On 7 October 2024 the reimbursement requirement in PSR Specific Direction 20 became live, and every payment service provider that sends a Faster Payments transaction from a relevant UK account acquired two obligations at once. The first is reimbursement: where an FPS APP scam claim is reimbursable, the sending PSP must reimburse the consumer subject…