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

3,738 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: EbS   Reference: I-080820   Date: 24/07/2013   Duration: 28:31
To download, please log in



Related media

Joint press conference by Joaquín Almunia, Vice-President of the EC, and Michel ...
Ref: P-023803/00-01
Date: 24/07/2013
Extracts from the joint press conference by Joaquín Almunia and Michel Barnier ...
Ref: I-080712
Date: 24/07/2013
Press conference by Joaquín Almunia and Michel Barnier on the communication on ...
Ref: I-080820
Date: 24/07/2013
Video Player   Need some help?


Investment plan


Tue 31/03
European Commission - Press release 31 March 2015 The European Union significantly increased its funding in response to the Syria crisis at today's Third International Pledging Conference for Syria in Kuwait. Together, the European Commission and Member States pledged close to € 1.1 billion - double the overall EU pledge...
Tue 31/03
European Commission - Press release Brussels, 31 March 2015 In the past three years, an estimated six million Europeans have supported European Citizens' Initiatives (ECI) and used their voice to bring important causes directly to the attention of European policy makers.
Tue 31/03
European Commission - Daily News Daily News 31 / 03 / 2015 Brussels, 31 March 2015 EU continues its strong support for the victims of Syria's crisis The EU significantly increased its funding in response to the Syria crisis at today's Third International Pledging Conference for Syria in Kuwait.
Tue 31/03
European Commission - Speech - [Check Against Delivery] Brussels, 31 March 2015 Miguel Arias Cañete - Commissioner for Climate Action & Energy Ladies and gentlemen, João, thank you for the invitation to be here with you today.
Tue 31/03
European Commission - EUROSTAT 31 March 2015 Euro area1 annual inflation2 is expected to be -0.1% in March 2015, up from -0.3% in February3, according to a flash estimate4 from Eurostat, the statistical office of the European Union.
Tue 31/03
European Commission - EUROSTAT 31 March 2015 The euro area (EA19) seasonally-adjusted unemployment rate was 11.3% in February 2015, down from 11.4% in January 2015, and from 11.8% in February 2014. This is the lowest rate recorded in the euro area since May 2012.
Mon 30/03
European Commission - Press release Brussels, 30 March 2015 The European Commission has approved under the EU Merger Regulation the proposed acquisition of Biomet Inc by Zimmer Holdings Inc., both of the United States. Both companies produce orthopaedic implants and related surgical products.
Mon 30/03
European Commission - Press release Brussels, 30 March 2015 Following an in-depth investigation, the European Commission has concluded that compensation paid by Romania to two Swedish investors for an abolished investment aid scheme breaches EU state aid rules.
Mon 30/03
European Commission - Fact Sheet Brussels, 30 March 2015 What are the current rules on the minimum crew members required in the cockpit?            On 27 March 2015, EASA (the European Air Safety Agency) has issued a recommendation for airlines to observe the “four-eye-rule” in the cockpit; stipulating that in...
Mon 30/03
European Commission - Daily News Daily News 30 / 03 / 2015 Brussels, 30 March 2015 Two Galileo satellites successfully launched Galileo, the EU's satellite navigation programme, placed two more satellites into orbit in the night from Friday 27 to Saturday 28 March. Elżbieta Bieńkowska, European Commissioner for Internal Market, Industry, Entrepreneurship and...

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, 2015