Loi portant modification et insertion de dispositions en matière de comptes de paiement et de services de paiement dans différents livres du Code de droit économique

On 22 December 2017, the law amending and inserting provisions on payment accounts and payment services in various books of the Code of Economic Law was published in the Belgian Official Gazette. Most of the articles of this law will come into force on 1 February 2018.

With 32 articles, this law aims at transposing Directive 2014/92/EU of the European Parliament and the Council of 23 July 2014 on the comparability of fees related to payment accounts, payment account switching, and access to payment accounts with basic features. This directive is commonly referred to as the Payment Account Directive (PAD) ⁽¹⁾.

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