The evolution of the Credit Transfer () and Direct Debit (SDD) Schemes relies on close dialogue between the European Payments Council () as the scheme manager and the representatives of the demand side of the payments market, as well as providers developing technical solutions which help the market to fully reap the Single Euro Payments Area () benefits. With the adjusted governance model operational, the constitutes the following two new bodies: the ‘ Scheme End-User Forum’ and the ‘ Scheme Technical Forum’. Details on the role of these new bodies are set out in section 4.4 of the document ‘ Scheme Management Internal Rules’. The invites interested organisations to apply for participation in the Scheme End-User Forum and the Scheme Technical Forum, respectively.
Sources and documents cited in this blog are included in the ‘related links’ below.
Recap: the new governance model
As previously reported, with the main phase of the migration to harmonised payment schemes in the euro area complete, the 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’. 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 has pointed 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 and SDD Schemes, in an efficient and transparent manner.
Scheme End-User Forum: call for candidates
Dialogue with representatives of payment service users previously took place in the ’s Customer Stakeholder Forum established in 2007. This cooperation will be further enhanced and formalised with the creation of the new Scheme End-User Forum.
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 ‘Profile – Member of Scheme End-User Forum (SEUF)’ (see first ‘related link’ below). Application letters including an up-to-date CV in English are invited to: SEUF@epc-cep.eu by 8 May 2015 close of business.
Scheme Technical Forum: call for candidates
To strengthen the dialogue between the and the -compliant clearing and settlement mechanisms (CSMs), the ‘ Clearing and Settlement Forum’ was created in 2011. With the new governance model operational, the Clearing and Settlement Forum will be replaced by the new Scheme Technical Forum. The scope of the new Scheme Technical Forum will be expanded to allow the dialogue with representatives of CSMs as well as technology and service providers developing technical solutions.
The calls for candidates representing CSMs or technology and service providers, who seek appointment to the Scheme Technical Forum to become effective in the third quarter of 2015. The vacancies are for a maximum of 25 seats. It is anticipated that the Scheme Technical Forum will meet physically or by telephone conference at least twice yearly. The composition of, and the criteria for membership in, the Scheme Technical Forum are described in the document ‘Profile – Member of Scheme Technical Forum (ESTF)’ (see second ‘related link’ below). Application letters including an up-to-date CV in English are invited to: ESTF@epc-cep.eu by 8 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.
- EPC Document: Profile – Member of EPC Scheme End-User Forum (SEUF)
- EPC Document: Profile – Member of EPC Scheme Technical Forum (ESTF)
- EPC Document: SEPA Scheme Management Internal Rules
- EPC News (3 April 2015): EPC publishes amended ‘SEPA Scheme Management Internal Rules’ (SMIRs). The SEPA Credit Transfer and SEPA Direct Debit Rulebooks have been updated to include the new SMIRs. This update of the rulebooks has no operational impact whatsoever
- EPC Blog (10 February 2015): European Payments Council 2.0: the EPC Has Adapted its Structure to Further Enhance Governance and Stakeholder Involvement
- EPC Document: EPC Charter
- EPC Website: SCT / SDD Rulebook Release Management
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