EPC response on Commission’s SEPA initiative

06 April 2006

The European Payments Council responded to the Commission’s Consultative Paper on SEPA Incentives. The EPC is concerned that the process launched through the consultative paper might create an environment of uncertainty at a critical moment in the SEPA programme. EPC also believes that public authorities have the responsibility to create the right environment to make SEPA a success. EPC therefore calls upon public authorities to provide positive measures to promote SEPA implementation based on the principles of a competitive market economy.

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