In order to ensure that the technical requirements for transfers and euro debits remain up-to-date, the Commission should be delegated the power to adopt acts in accordance with Article 290 of the Treaty on the Functioning of the European Union with regard to these technical requirements. In the declaration (No. 39) on Article 290 of the TFUE, attached to the final act of the Intergovernmental Conference that adopted the Lisbon Treaty, the Conference noted the Commission`s intention to continue to consult with experts appointed by Member States in the development of draft delegated acts in the field of financial services, in accordance with their current practice. It is particularly important that the Commission consults appropriately and transparently during its preparatory work, including with the ECB and all relevant stakeholders. In preparing and drafting delegated acts, the Commission should ensure that relevant documents are sent simultaneously, in a timely and appropriate manner to the European Parliament and the Council. 3. Member States may authorise their competent authorities to abstain, until 1 February 2016, all or part of the requirements covered by Article 6, paragraphs 1 and 2, for transfer or debit transactions, with a cumulative market share based on official payment statistics published annually by the ECB, of less than 10% of the total number of transfers or debits in that Member State. It is important to take steps to strengthen the confidence of PSUs in the use of these services, especially for levies. Such measures should allow payers to order their balances of payments to limit the authorization for collection by direct debit to a certain amount or periodicity and to establish specific positive or negative lists of beneficiaries. As part of the introduction of EU-wide levies, consumers should benefit from these controls. However, it is important, for the practical execution of these beneficiaries` controls, that financial statements be able to verify, on the basis of IBAN and for a transitional period, but only if necessary, BIC or any other single identification of the creditors of certain beneficiaries.

Other relevant user rights are already enshrined in the 2007/64/EC Directive and should be fully guaranteed. 1. A payer who makes a transfer to a beneficiary who manages a payment account in the EU does not specify the Member State in which that payment account is to be located, provided that the payment account is accessible in accordance with Article 3. “settlement date”: a date on which the obligations relating to the transfer of funds between the payment market are fulfilled by the recipient and the payment market; a system of rules, practices, standardised guidelines and/or enforcement guidelines agreed between the payment scheme for the execution of payment transactions in the EU and within Member States, and separate from all the infrastructures or payment methods that support its activities; In some Member States, there are some old payment services, which are transfers or debits, but which have very specific features, often for historical or legal reasons. The volume of transactions in these services is generally marginal. Such services could therefore be considered niche products. A transitional period for these niche products, which is long enough to minimise the impact of migration on PSUs, should help both parties to focus, initially, on the migration of most transfers and levies, which would allow the bulk of the potential benefits of an integrated payments market in the EU to be exploited earlier. In some Member States, there are special debit instruments that appear very similar to payment card transactions, since the payer uses a point-of-sale card to initiate the payment transaction, but the underlying payment transaction is a direct debit.