11 December 25
The European Payments Council’s (EPC) Dispute Resolution Committee (DRC) – the body responsible for the compliance function of scheme management - entered into force on 1 April 2020, when the revised EPC By-laws as well as the Dispute Resolution Committee Mandate became effective. Three seats i
01 December 25
The European Payments Council (EPC) today published the 2025 update of the Payment Threats and Fraud Trends Report, providing a detailed overview of the most significant threats and “fraud enablers” in the payments landscape, with a focus on recent attacks and the broader attack vector landscape.Key
24 November 25
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council.We spoke with Jorgovanka Tabaković, Governor of the National Bank of Serbia (NBS), about Serbia’s path towards joining the Single Euro Payments Area (SEPA), the digital tr
20 November 25
The European Payments Council (EPC) has determined that the launch of the Verification of Payee (VOP) scheme on 5 October 2025 was a remarkable collective success for the community of European payment service providers (PSPs) and their technology service providers. This joint effort has delivered a
Each of these documents (Legal Authority, Adherence Agreement and Legal Opinion) needs to be signed and dated. The documents may all be signed at the same date. However, due to practical issues this is sometimes not possible.
Such a situation – which would constitute an infringement of the Rulebooks – should not arise.
It will not be possible to make Scheme payments until your organisation is a Scheme Participant.
Such a payment cannot be executed within the Scheme and, if possible, will need to be executed through another channel.
The Risk Management Annexes are being made available to Applicants in the first instance by the EPC Secretariat.
Scheme obligations relating to the Risk Management Annex (Annex of the SEPA Credit Transfer Scheme Rulebook) are defined in section 5.7 with regard to Originator PSPs and in section 5.8 with regard to Beneficiary PSPs in the SCT
