European Central Bank 21 May 2012, Opinion of the European Central Bank of 21 May 2012 on the oversight of retail payment services and systems (CON/2012/38)

EN ECB-PUBLIC OPINION OF THE EUROPEAN CENTRAL BANK of 21 May 2012 on the oversight of retail payment services and systems (CON/2012/38) Introduction and legal basis On 12 March 2012, the European Central Bank (ECB) received a request from the Banca d’Italia for an opinion on a draft regulation concerning the oversight of retail payment services and systems (hereinafter the ‘draft regulation’).