Key Dates
- March 2000: Through the Lisbon Agenda Europe’s leaders decide to make Europe “the world’s most competitive and dynamic knowledge-driven economy” by 2010
- December 2001: Regulation EC 2560/2001 on cross-border payments in euro
- 2002: Creation of the European Payments Council (EPC) by the banking industry, driving the Single Euro Payments Area initiative to harmonise the main non-cash payment instruments across the Euro area (by end 2010)
- 2001–2004: Consultation period and preparation of a Directive to create a New Legal Framework for payment services in the EU
- December 2005: Proposal for Directive by DG Internal Market Commissioner McCreevy
- 5 December 2007: Official publication of the adopted Payment Services Directive
- 1 November 2009: deadline for implementation of PSD in national legislation
Read more about this topic: Payment Services Directive
Famous quotes containing the words key and/or dates:
“Power, in Case’s world, meant corporate power. The zaibatsus, the multinationals ..., had ... attained a kind of immortality. You couldn’t kill a zaibatsu by assassinating a dozen key executives; there were others waiting to step up the ladder; assume the vacated position, access the vast banks of corporate memory.”
—William Gibson (b. 1948)
“What is most interesting and valuable in it, however, is not the materials for the history of Pontiac, or Braddock, or the Northwest, which it furnishes; not the annals of the country, but the natural facts, or perennials, which are ever without date. When out of history the truth shall be extracted, it will have shed its dates like withered leaves.”
—Henry David Thoreau (1817–1862)