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Regulation (EC) No 924/2009

 

I. General Information

Title

Regulation  (EC) No 924/2009 of the European Parliament and of the Council of 16 September 2009 on cross-border payments in the Community and repealing Regulation (EC) No 2560/2001

Status: Existing
Description

The Regulation  (EC) No 924/2009 replacing Regulation (EC) No 2560/2001 of the European Parliament and the Council on cross-border  payments in euro is the result of the review process that has been carried out by the Commission since 2005.

The aims of this initiative are to  replace the existing Regulation in order to adapt it to market developments (emergence of the Single Euro Payments Area), to enhance the protection of consumer rights and to provide an adequate legal framework for the development of a modern and efficient payment system within  the EU. It also seeks to align the definitions and wording of Regulation 2560/2001 with those of Directive  2007/64/EC of the European Parliament and of the Council  of 13 November 2007 on payment services in the internal market.

The overall objective of the review of the Regulation is to achieve an Internal Market for payment services in euro, subject to effective competition and  where there is no difference of regime between cross-border and national payments, thereby providing significant savings and benefits to the wider  European economy.

Regulation (EC) No 924/2009
Source O.J. EC No L (Legislation), Edition 266, Year 2009, p.11
Adoption 09/16/2009
Promulgation 10/09/2009
Character Regular Act
Legal Basis Art. 95 Abs. 1 EC
Legislative Procedure Codecision procedure
 

II. Versions and Legislative History

 

1. Versions

  (EU) No 260/2012
    03/14/2012 (A)
    03/30/2012 (P)
Regulation (EG) Nr. 924/2009 amended by

Regulation  (EU) No 260/2012 of the European Parliament and of the Council of 14 March 2012 establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation  (EC) No 924/2009 Text with EEA relevance

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  (EC) No 924/2009
    09/16/2009 (A)
    10/09/2009 (P)

Original Text :
Regulation  (EC) No 924/2009 of the European Parliament and of the Council of 16 September 2009 on cross-border payments in the Community and repealing Regulation (EC) No 2560/2001

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(A) Adoption | (P) Promulgation
 

2. Legislative History

04/24/2009 Report of the European Parliament - 1st reading ABL EC No. C 184, p. 483 Deutsch
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03/24/2009 Opinion of the European Economic and Social Committee ABL EC No. C 228, p. 66 Deutsch
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01/06/2009 Opinion of the European Central Bank ABL EC No. C 21, p. 1 Deutsch
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10/13/2008 Proposal COM/2008/640 Deutsch
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3. Legal Impact

Repeal  Regulation (EC) No 2560/2001
Language:
Deutsch Deutsch
English Englisch
Francais Französisch
Chinese Chinesisch

Legende

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Vorhaben Vorhaben
Inkraft Inkraft
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Dokumente
Deutsch Deutsche Fassung
Englisch Englische Fassung
Französisch Franz. Fassung
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Dokument Sonstiges Dokument
Externer Link Externes Dokument

Overview

I. General Information
II. Versions and Legislative History
1. Versions
2. Legislative History
3. Legal Impact

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