Living will and Payment Services Directive: Difference between pages

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1.  
A directive designed to increase consumer rights when sending transfers and money remittances outside the European Union (EU) or paying in non-EU currencies, and to promote the emergence of new players and the development of innovative mobile and internet payments in Europe.  


A contingency plan of how a financial institution could be wound up in the event of a collapse.


A requirement of the US Dodd-Frank financial reform law for financial institutions with more than $250 billion in assets.
== See also ==
* [[EC Directive 2007/64/EC ]]
* [[European Union]]
* [[Single Euro Payments Area]]
* [[Payments and payment systems]]




2.


More generally, a set of instructions which specifies what actions are to be taken if a person is unable to do so due to illness or incapacity.
===Other links===
 
[http://www.treasurers.org/node/10186?utm_source=Communicator&utm_medium=Email&utm_content=Untitled13&utm_campaign=Monthly+Newsletter+-+June+2014: EACT position paper on PSD2]
''Also known as an advance decision.''
 
[[Category:Regulation_and_Law]]

Revision as of 08:31, 1 November 2016

A directive designed to increase consumer rights when sending transfers and money remittances outside the European Union (EU) or paying in non-EU currencies, and to promote the emergence of new players and the development of innovative mobile and internet payments in Europe.


See also


Other links

EACT position paper on PSD2

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