- All payment service providers must keep a register of cross-border payments
- Deadline for first report is April 30
- Report must be done in country where payment service provider operates
- Registration is required in most countries
- Special software and encryption may be needed for report submission
- Data in report must meet CESOP requirements
- Check which countries require report submission and register immediately
- No general extension for deadline, so aim to meet April 30 deadline
Source: meijburg.nl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
