SEPA: Europe stalls in rush to Sepa

As the cut-off date looms for Sepa compliance, there is growing acceptance that the deadline may be more flexible than at first appeared, writes Ian Campbell.

24th November, 2013

Tough market conditions and lack of political will suggest that many countries will not be fully Sepa complaint by the February 1 deadline when the existing Electronic Money Transfer System (EMTS) is due to be retired and replaced with Sepa. Proposed legal penalties are already in place in some countries for non-Sepa compliance - including Ireland - but there is growing speculation that each nation's central banking body will announce plans to allow for old...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago