# CI2021052EN.01000301.xml

| 15.2.2021 | EN | Official Journal of the European Union | CI 52/3 |
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15.2.2021

EN

Official Journal of the European Union

CI 52/3

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COMMISSION DECISION

of 2 December 2020

amending Decision 2011/C 253/04 setting up a Payment Systems Market Expert Group as regards its period of validity

(2021/C 52 I/02)

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Whereas:

| (1) | By Decision 2011/C 253/04 of 29 August 2011 (1) the Commission set up the Payment Systems Market Expert Group. That Decision is to apply until 31 December 2020. The expert group aims to provide the Commission with a formal platform which allows for a structural exchange of views with market players on issues regarding the implementation and interpretation of the Directive (EU) 2015/2366 of the European Parliament and of the Council (2). |
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(1)

By Decision 2011/C 253/04 of 29 August 2011 (1) the Commission set up the Payment Systems Market Expert Group. That Decision is to apply until 31 December 2020. The expert group aims to provide the Commission with a formal platform which allows for a structural exchange of views with market players on issues regarding the implementation and interpretation of the Directive (EU) 2015/2366 of the European Parliament and of the Council (2).

| (2) | On 24 September 2020, the Commission adopted a Communication to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions on a Retail Payments Strategy for the EU (3). |
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(2)

On 24 September 2020, the Commission adopted a Communication to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions on a Retail Payments Strategy for the EU (3).

| (3) | Various initiatives across Europe are taken in order to encourage and drive the market towards more standardisation and innovation under the auspices of, among others, the Cards Stakeholders Group, the Euro Retail Payments Board and the European Payments Council. Having regard to those initiatives, the need for a formal forum for stakeholders which allows for a structural exchange of views on issues related to those developments still remains. It is therefore appropriate that the Payment Systems Market Expert Group continues its work for another 5 years. |
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(3)

Various initiatives across Europe are taken in order to encourage and drive the market towards more standardisation and innovation under the auspices of, among others, the Cards Stakeholders Group, the Euro Retail Payments Board and the European Payments Council. Having regard to those initiatives, the need for a formal forum for stakeholders which allows for a structural exchange of views on issues related to those developments still remains. It is therefore appropriate that the Payment Systems Market Expert Group continues its work for another 5 years.

| (4) | The Decision 2011/C 253/04 of 29 August 2011 should therefore be amended accordingly, |
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(4)

The Decision 2011/C 253/04 of 29 August 2011 should therefore be amended accordingly,

HAS DECIDED AS FOLLOWS:

Sole Article

In Article 8 of Decision 2011/C 253/04 of 29 August 2011, the date ‘31 December 2020’ is replaced by the date ‘31 December 2025’.

Done at Brussels, 2 December 2020.

For the Commission

Mairead McGUINNESS

Member of the Commission

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(1)  Commission Decision of 29 August 2011 setting up a Payment Systems Market Expert Group (OJ C 253, 30.8.2011, p. 3).

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(2)  Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35).

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(3)  COM(2020) 592 final.

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