Glossary

Settlement Finality Directive (SFD)

EU legislation governing eligible participants in designated payment systems, amended to allow direct participation for non-bank payment service providers.

Source: G20 Roadmap for Enhancing Cross Border Payments One year on: Scorecard report on direct access and price transparency (Wise) · p.10

Have a question about Settlement Finality Directive (SFD)? Ask the AI, answers cite the source.