COUNCIL CONFIRMS SEPA DEADLINE EXTENSION.

The Committee of Permanent Representatives (Coreper) approved, on 22 January, on behalf of the Council, an agreement with the European Parliament on a proposed regulation that will postpone the end-date for the migration of domestic and intra-European credit transfers and direct debits in euro to Single Euro Payments Area (SEPA) credit transfers and SEPA direct debits (see Europolitics 4789).aThe postponement comes after the November 2013...