EPC calls for independent candidates seeking appointment to one of the...

EPC calls for independent candidates seeking appointment to one of the following newly to be established bodies: the Scheme Management Board, the Compliance and Adherence Committee and the Appeals Committee. Applications are invited by 12 November 2014.

16 October 14

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In close dialogue with the stakeholder community, the European Payments Council () developed, among other things, the Credit Transfer () and SEPA Direct Debit (SDD) Schemes. The EPC carries out the scheme management function subject to legal and regulatory conditions defined by the European Union authorities.

With migration to harmonised Single Euro Payments Area (SEPA) payment schemes in the euro area complete, the EPC resolved to adapt its current structure with regard to scheme management to further enhance representation of stakeholders. With this objective in mind, the EPC will create three new bodies to carry out tasks related to scheme management: the Scheme Management Board, the Compliance and Adherence Committee and the Appeals Committee.

These new bodies are expected to become operational in the first quarter of 2015 once the revised EPC Charter takes effect subject to procedures to be observed under Belgian law.

Going forward, the Scheme Management Board will be responsible for performing the following two functions of SEPA scheme management:

  • The first function is the administration of the SCT and SDD Schemes. This includes approval of applications from payment service providers () to adhere to the schemes and the process of ensuring compliance with the rules as laid down in the SCT and SDD Rulebooks, i.e. handling of complaints, conciliation cases and appeals. In carrying out this function, the Scheme Management Board will be supported by the Compliance and Adherence Committee and the Appeals Committee.
  • The second function involves managing the development and evolution of the SCT and SDD Schemes. In carrying out this function, the Scheme Management Board will be supported by the Scheme Evolution and Maintenance Working Group.

Details on the structure of the Scheme Management Board, the Compliance and Adherence Committee and the Appeals Committee as well as their internal organisation, rules and processes are set out in sections 3.1 and 3.2 of the draft new SEPA Scheme Management Internal Rules (subject to public consultation) included in the ‘related files’ below.

The EPC calls for independent candidates seeking appointment to one of the following bodies, effective first quarter of 2015:

Scheme Management Board: the vacancies are for the three seats available to independent members (including the Chair of the Scheme Management Board).

Compliance and Adherence Committee: the vacancies are for the two seats available to independent members.

Appeals Committee: the vacancies are for the two seats available to independent members.

‘Independent’ means that candidates should not be employed or be otherwise affiliated with a scheme participant, i.e. a PSP that has formally adhered to the SCT and SDD Schemes; a PSP community represented in the EPC; other service providers or a payment services user group or user association. For further details, refer to the profile of an independent member of the Scheme Management Board, the Compliance and Adherence Committee and the Appeals Committee included in the ‘related files’ below.

To be considered, the candidate must clearly indicate in the application letter whether he or she seeks appointment to the Scheme Management Board or the Compliance and Adherence Committee or the Appeals Committee.

Application letters including an up-to-date CV in English are invited to: gert.heynderickx@epc-cep.eu by 12 November 2014



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