Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Press conference by Joaquín Almunia and Michel Barnier on the communication on shadow banking and proposes draft regulation on money market funds

4 160 views

On 24 July 2013, Michel Barnier, Member of the EC in charge of Internal Market and Services, and Joaquín Almunia, Vice-President of the EC in charge of Competition, during a press conference, presented a new legislative package, including a revised Payment Services Directive ("PSD2") and proposal for regulation on interchange fees for card-based payment transactions in the European Union. The European Commission wants the payments framework to better serve the needs of an effective European payments market, fully contributing to a payments environment which nurtures competition, innovation and security. The proposed revision of the Payment Services Directive includes measures to improve the level playing field for payment service providers (including new players); facilitate the emergence of common technical standards and interoperability; ensure a high level of consumer protection and of payments security and a robust governance model for retail payments in Europe. The interchange fee Regulation is aimed at facilitating the internal market for card, internet and mobile payments and improving information on the fees charged in relation to such payments for the benefit of consumers and companies.

Type: Complete press conference   Reference: I-080820   Date: 24/07/2013   Duration: 46:59
Personalities:   Barnier, Michel |   Almunia, Joaquín  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: Bank card | Consumer protection | Methods of payment | e-Commerce
© European Union, 2013   /   Source: EC - Audiovisual Service
To download, please log in






Related videos

46:59 Press conference by Joaquín Almunia and Michel Barnier on the communication on shadow banking and proposes draft regulation on money market funds
Press conference by Joaquín Almunia and Michel Barnier on the communication on ...
Ref: I-080820
Date: 24/07/2013
03:27 Extracts from the joint press conference by Joaquín Almunia and Michel Barnier on the communication on shadow banking and proposes draft regulation on money market funds
Extracts from the joint press conference by Joaquín Almunia and Michel Barnier ...
Ref: I-080712
Date: 24/07/2013

Related photos

Joint press conference by Joaquín Almunia, Vice-President of the EC, and Michel Barnier, Member of the EC, on the new rules on Payment Services for the benefit of consumers and retailers
Joint press conference by Joaquín Almunia, Vice-President of the EC, and Michel ...
Ref: 023803
Date: 24/07/2013
Video Player   Need some help?


You don't find what you are looking for? Ask us!


Sat 21/04
European Commission - Press release Brussels, 21 April 2018 The European Union and Mexico today reached a new agreement on trade, part of a broader, modernised EU-Mexico Global Agreement. Practically all trade in goods between the EU and Mexico will now be duty-free, including in the agricultural sector.
Sat 21/04
European Commission - Fact Sheet Brussels, 21 April 2018 On 21 April 2018 the European Union and Mexico reached a deal on a new trade agreement. It will be part of a broader, modernised EU-Mexico Global Agreement and will deepen and broaden the scope of an existing trade agreement signed...
Sat 21/04
European Commission - Statement Brussels, 21 April 2018 After several months of intense negotiations, this afternoon we reached an agreement in principle on trade and investment between the European Union and Mexico, as part of the modernisation of our bilateral legal framework.
Fri 20/04
European Commission - Commissioners' weekly activities Brussels, 20 April 2018 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 23 avril 2018 Informal meeting of employment, social policy and health ministers on health in Sofia, Bulgaria President Jean-Claude Juncker receives Mr Damdin Tsogtbaatar, Minister for Foreign Affairs...
Fri 20/04
European Commission - Daily News Daily News 20 / 04 / 2018 Brussels, 20 April 2018 Eurostat: Indicateurs Europe 2020 relatifs à l'emploi - Le taux d'emploi des 20-64 ans dans l'UE atteint un nouveau pic de 72,2% en 2017, neuf États membres ont déjà atteint leur objectif de 2020...
Fri 20/04
European Commission - EUROSTAT Brussels, 20 April 2018 In 2017, the employment rate of people aged 20 to 64 in the European Union (EU) stood at 72.2%, up compared with 2016 (71.1%). The Europe 2020 strategy target is to reach a total employment rate for people aged 20 to 64 of...
Thu 19/04
European Commission - Press release Brussels, 19 April 2018 Today the Commission is publishing a set of best practices to support Member States' efforts to create a more open, integrated and competitive retail sector. The retail sector is one of the biggest sectors in the EU economy, with almost one...
Thu 19/04
European Commission - Fact Sheet Brussels, 19 April 2018 Why is the Commission proposing best practices on retail? Retail is a key sector in the EU economy – there are about 3.6 million companies active in the retail sector, representing 4.5% of value added and accounting for almost 9% of...
Thu 19/04
European Commission - Daily News Daily News 19 / 04 / 2018 Brussels, 19 April 2018 Renforcer la compétitivité du secteur européen du commerce de détail Aujourd'hui, la Commission publie un ensemble de bonnes pratiques destinées à soutenir l'action des États membres pour rendre le secteur du commerce de détail...
Thu 19/04
European Commission - EUROSTAT Brussels, 19 April 2018 The 28 Member States of the European Union (EU) granted protection status to 538 000 asylum seekers in 2017, down by almost 25% from 2016. In addition to these, the EU Member States received nearly 24 000 resettled refugees.

Go to useful links page Useful links

Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2018