2017 v1.1

2017 SEPA Direct Debit Core rulebook version 1.1

The 2017 Single Euro Payments Area Direct Debit ( ) Core rulebook version 1.1 takes effect on 19 November 2017 and remains in effect until 1 January 2019.

This updated version, published in October 2017, contains regulatory changes stemming from the guide for the assessment of direct debit schemes against the oversight standards of the Eurosystem. These changes impact the rights and obligations of scheme participants and the Scheme Management Internal Rules but do not affect the operational and business rules of the rulebook.

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

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