SEPA Direct Debit B2B rulebook and implementation guidelines

Annex III of the 2017

SEPA Direct Debit

B2B rulebook version 1.2 lists all changes compared to versions 1.0 and 1.1. No changes impacting the business and operational rules or the related implementation guidelines were made in this version.

The first change is the updated definition of the rulebook term ‘Major Incidents’. This definition change constitutes a regulatory change. The updated definition of this term now refers to the Eurosystem major incident reporting framework for payment schemes and retail payment systems entering into force on 1 January 2019. The new definition also points to the document

European Payments Council

190-18 ‘Details about major incident reporting for

Single Euro Payments Area

scheme participants’. 

This document outlines the detailed assessment criteria for each

European Payments Council

scheme participant to determine whether an operational or information security incident fits the criteria of a major incident and needs to be reported to the

European Payments Council

or not. The document

European Payments Council

190-18 is not publicly available. The

European Payments Council

shares this document directly with all existing and future

European Payments Council

scheme participants.

Furthermore, this rulebook version also includes the updated version 4.2 of the Scheme Management Internal Rules (SMIRs) which are an integral part of each scheme rulebook. The updated SMIRs include a new section 3.1.11.1 on voting by written procedure by the Scheme Management Board (SMB) and several rewordings in the section 3.2.3.3 on the National Adherence Support Organisation. 

The new SMIRs also contain a new section 4.2.2.2 covering the dialogue between the

European Payments Council

and its Overseer, and a new section 4.5 describing the process for making changes to the Risk Management Annexes. These SMIRs no longer make any reference to the Certification Authority Supervisory Board (CASB) set up for the e-Mandate option under the

SEPA Direct Debit

scheme rulebooks. The SMB decided to disband the CASB as of 1 January 2019.

The 2019 rulebook contains a clarification about which scheme participants must comply with the mandatory Customer-to-Bank (C2B)

Implementation Guidelines

of the rulebook. It further includes additional r-transaction reason codes related to clearing and settlement-specific issues.

An

SEPA Direct Debit

B2B collection containing an IBAN but not the related BIC, can be transmitted by the Creditor to the Creditor Bank, even if one of the two

SEPA Direct Debit

B2B scheme participants covered by that transaction is based in a non-

European Economic Area

Single Euro Payments Area

country.

Annex III of the 2019

SEPA Direct Debit

B2B rulebook contains a table listing all changes made compared to the 2017

SEPA Direct Debit

B2B rulebook version 1.2.