Thursday, May 3, 2007

UPDATE 1-ECB plans new oversight for card payment services

(Reuters) - The bank said it had been monitoring risks to which card payment schemes were exposed and to "promote a level playing field across the euro area", had developed an oversight framework for schemes that process euro payments.

"The proposed framework applies to all CPSs providing card payment services, including debit and/or credit cards," the central bank added in a statement.


Read more at Reuters.com Government Filings News

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