The Credit Transfer () and Direct Debit () Schemes, as set out in the and Rulebooks, evolve based on a transparent change management process adhered to by the European Payments Council (). This evolution reflects changes in market needs and updates of technical standards developed by international standards bodies, such as the International Organization for Standardization (ISO). For details on the and rulebook release management and scheme development, refer to the ‘related links’ below.
The next generation rulebooks ( Rulebook version 8.0, Core Rulebook version 8.0 and Business to Business Rulebook version 6.0) and associated implementation guidelines will be published in November 2014. These rulebook versions will then take effect in November 2015. The scheme change management process provides all stakeholders with the opportunity to participate; i.e. to introduce suggestions for changes to the schemes.
All interested parties are invited to submit suggestions for changes proposed to be incorporated into the next version of the and Rulebooks by 28 February 2014. The template to submit a suggestion for modifications to the rulebooks is included in the ‘related links’ below.
All suggestions for changes to the rulebooks are evaluated by the Payment Schemes Working Group and are consolidated into a single change request document per rulebook. As with previous scheme change cycles, all proposed changes to the schemes will be released with the change request documents for a three-month public consultation (this time between May and August 2014). This ensures that the and Schemes evolve in line with the requirements of the majority of all market participants.
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