Press Release: Joint statement by the European Commission and the European Central Bank welcoming the European Parliament’s adoption of the Payment Services Directive

On 24 April 2007 the European Parliament adopted the proposal for the Payment Services Directive (PSD) for which the ECOFIN Council had already agreed a general approach at its meeting on 27 March. The text of the PSD will now be forwarded to the EU Council for final adoption. The Member States should then transpose the Directive as early as possible, and by 1 November 2009 at the latest, into national law.

European Commission: DG Communication: MEMO/07/152 http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/07/152&format=HTML&aged=0&language=EN&guiLanguage=en

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