2017 SEPA Credit Transfer rulebook version 1.2

The 2017 Credit Transfer ( ) rulebook version 1.2 has been published on 28 June 2018 and is effective as of that same day. It remains in effect until 1 January 2019.

The is required to ensure that all its schemes provide an adequate degree of security, operational reliability and business continuity for the concerned scheme participants and the scheme end-users. For that reason, the maintains a Risk Management Annex (RMA) per rulebook whereby the RMA is only shared with the concerned scheme participants. The RMA for the rulebook has been adopted and itself enters into force as of 28 June 2018.

Unlike the other scheme rulebooks, the version 1.1 of the 2017 rulebook published in October 2017 did not include yet references to and compliance obligations with an RMA. 

To this end, the has published the version 1.2 of the 2017 rulebook which stipulates in the rulebook sections 5.7 and 5.8 that each scheme participant is required to comply with the applicable provisions issued in relation to risk management as set out in the rulebook and the related RMA. No changes have been made to the operational and business rules of the rulebook.

Annex III of the 2017 rulebook version 1.2 lists all changes compared to versions 1.0 and 1.1.

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