European Payments Council Calls for Change Requests Regarding SEPA Proxy Lookup Scheme Rulebook

On February 14, 2019, the European Payments Council (EPC) issued a call for change requests to amend the SEPA Proxy Lookout (SPL) Scheme rulebook. The SPL rulebook consists of standards under which the scheme operates, as well as the rules of participation, including eligibility criteria to join the scheme and a template adherence agreement. 

Stakeholders can send change requests until March 31, 2019, after which the EPC will analyse the legal and technical feasibility of all submissions. The EPC will then open a three-month public consultation on the proposals around the end of May 2019.

By April 2020 the EPC intends to publish a new SPL Scheme rulebook, which will include the requests for change which received broad acceptance during the consultation period.

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