Sector Regulation Sector Regulation

Instant payments timeline is 'reasonable' and shouldn't be extended, EU Commission official says

By Kathryn Carlson
  • 25 May 2023 17:03
  • 25 May 2023 17:03
EU lawmakers should be wary of pushing for an extended timeline for the mandatory provision of instant payments, a senior European Commission official warned today.

Eric Ducoulombier, head of unit for retail financial services at the commission, told a meeting of the European Parliament’s economy committee today that the EU executive

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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