REP 27 Compliance with the Payment System Codes of Practice and the EFT Code of Conduct: April 2002 to March 2003
Released December 2003.
This report details the results of the annual monitoring of the Banking, Credit Union and Building Society Codes of Conduct (payments system codes). The monitoring period ran from 1 April 2002 until 31 March 2003.
Data was also collected for monitoring of the revised Electronic Funds Transfers (EFT) Code of Conduct (EFT Code), which came into effect on 1 April 2002. However, the scope of the revised EFT Code has been significantly extended. This has generated some difficulties in data collection and also makes comparison with reports from previous years relatively difficult. As a result we will need to undertake further work in this area. Publication of this year’s EFT Code results will therefore take place in the 2004 report.