New regulation CESOP comes into force on January 2024Infonet Systems
Are you ready for the Central Electronic System of Payment Information? From 1st Jan 2024, all Payment Service Providers (PSPs) operating in the EU will have the obligation to report cross border payments to local authorities on a quarterly basis.
This data will be centralized into a European database, the Central Electronic System of Payment Information (CESOP) where it will be stored, aggregated and cross-checked with other European databases. A.E. Prognosys Solutions Ltd and Infonet Systems Integration Ltd, authorized distributor in Greece, supports your company with a variety of tools and services to go through Regulatory Compliance, Financial and Risk Reporting.