55. Deputy Louise O'Reilly asked the Minister for Finance his views on whether SEPA payments made through UK-based providers will be unaffected in January 2021; if an examination has been carried out at the potential number of Irish consumers that would be affected if these providers fail to secure an EU licence before January 2021; if the Central Bank will signal some flexibility for Irish banks to continue to process these payments for a short period after January 2021 if necessary; and if he will make a statement on the matter. [37241/20]

Summary

55. Deputy Louise O'Reilly asked the Minister for Finance his views on whether SEPA payments made through UK-based providers will be unaffected in January 2021; if an examination has been carried out at the potential number of Irish consumers that would be affected if these providers fail to secure an EU licence before January 2021; if the Central Bank will signal some flexibility for Irish banks to continue to process these payments for a short period after January 2021 if necessary; and if he will make a statement on the matter. [37241/20]

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• Single Euro Payments Area

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