SP1 0.00% $1.07 southern cross payments ltd

June & July 2015, page-32

  1. 511 Posts.
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    its all out of sight out of mind until the forst fine from the regulator hits....then the industry scrambles.

    The regulator fines aren't modest either......

    I think it is a progressive rollout to 2018, with member states asking PSP's to comply or explain, and, if the 'explain' is 'we need 6 months to do this', then they are held to that timetable.

    It wont be a big bang, but a progressive rollout

    Thats good for ISX, as it needs to gear up progressively as well, and bring on customers in manageable chunks.
 
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