EBA publishes a Decision under the SEPA Regulation to harmonise and streamline EU payment data reporting, introducing a single reporting channel through EBA, replacing multiple national submissions

This reform reduces administrative burden on National Competent Authorities (NCAs) and ensures more consistent, high-quality data on payment charges, transaction volumes, and sanctions-related rejections. The EBA will now centralise this information and forward it to the European Commission, improving oversight of payment costs, instant credit transfers, and compliance with EU sanctions frameworks. The Decision also clarifies data accuracy responsibilities for NCAs and takes effect immediately…