European Payments Council Announces Consultation on Amendments to the SPL Scheme Rulebook

On April 25, 2019, the European Payments Council (EPC) announced that it is preparing a public consultation document on amendments to version 1.0 of the SPL Scheme Rulebook.

The EPC published version 1.0 of the SPL Scheme Rulebook in December 2018 with the set of rules, practices and standards that make it possible to operate, join and participate in the SPL Scheme. It has been effective since January 1, 2019.

The rulebook is the primary source for the definition of the rules and obligations of the scheme and provides authoritative information to scheme participants and other relevant parties as to how the scheme functions.

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