For months, media fretted that companies would not be prepared to comply with the Single Euro Payments Area (SEPA) by the February 1, 2014, deadline—and many analysts predicted that the European Commission (EC) would delay the deadline. Today, less than a month before SEPA formally takes effect, unprepared companies have been granted a reprieve. Although the EC has not officially changed its compliance deadline, it is proposing a transition period of six additional months during which credit transfers and direct debits that are not SEPA compliant will still be acceptable for payments within the Eurozone.
Cross-border revolving credit facilities, derivatives among the agreements that could be affected.
The U.S. Supreme Court has issued a single signed opinion since the start of the 2017-2018 term. What's up with that?
Canada and Mexico reject the U.S. hard line.
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