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)
“We do NOT know the past in chronological sequence. It may be convenient to lay it out anesthetized on the table with dates pasted on here and there, but what we know we know by ripples and spirals eddying out from us and from our own time.”
—Ezra Pound (1885–1972)