With the main phase of the migration to harmonised Single Euro Payments Area () payment schemes in the euro area complete, the European Payments Council () resolved to adapt its governance model. For more information, refer to the Blog, entitled ‘European Payments Council 2.0: the has adapted its structure to further enhance governance and stakeholder involvement’ (see ‘related links’ below). The new governance model became operational with the publication of the revised Charter in February 2015 followed by the publication of the amended document ‘ Scheme Management Internal Rules’ in April 2015.
The points out that the adjustments to its governance model are of an evolutionary rather than a revolutionary nature. They contribute to ensuring that the meets its purpose, which is to support and promote European payments integration and development, notably . The primary objective of this evolution is to ensure that the continues to be best equipped to perform its main task, i.e. to manage the Credit Transfer () and Direct Debit (SDD) Schemes, in an efficient and transparent manner.
The evolution of the and SDD Schemes relies on close dialogue between the and the representatives of the demand side of the payments market, which previously took place in the ’s Customer Stakeholder Forum established in 2007.
With the new governance model operational, this cooperation will be further enhanced and formalised through the creation of the Scheme End-User Forum. Details on the role of the Scheme End-User Forum are set out in section 4.4 of the document ‘ Scheme Management Internal Rules’ (see ‘related links’ below).
The calls for candidates nominated by European Associations representing the demand side of the payments market who seek appointment to the Scheme End-User Forum to become effective in the second quarter of 2015.
The vacancies are for a maximum of 20 seats.
It is anticipated that the Scheme End-User Forum will meet physically or by telephone conference at least twice yearly.
The composition of, and the criteria for membership in, the Scheme End-User Forum are described in the document ‘EPC074-15 Profile - Member of Scheme End-User Forum (SEUF)’ (see ‘related files’ below).
Application letters including an up-to-date CV in English are invited to: SEUF@epc-cep.eu by 15 May 2015 close of business.
remains a work in progress. The is ready and looks forward to making the next steps in the process in close dialogue with all stakeholders.