What changed between the draft committee report and the plenary report

Removed:Article 9 – paragraph 3: 3. The designated national competent authorities shall notify the results of their monitoring and assessment of the situation as regards the levels of acceptance of payments in cash and access to cash in proportion with citizens’ demand, giving grounds and data for their assessment, in an annual report to be addressed to the Commission and the European Central Bank as referred to in Article 13.

Added:(8) The Commission should adopt guidelines to define ▌a set of common indicators ▌, which would allow the Member States to effectively monitor and assess the acceptance of payments in cash and access to cash throughout their territory, in all their different regions, including the outermost regions, in both urban and non-urban, in particular sparsely populated, areas. In view of the preparation of those guidelines, the Commission should consult the European Central Bank and national central banks.

Change 2

Changed:Article(9) 9The –Commission paragraphshould, 4:after 4.consultation Ifof athe MemberEuropean StateCentral considersBank, thatbe theempowered levelto ofadopt acceptanceimplementing ofacts paymentsaddressed into casha underminesspecific mandatoryMember acceptanceState when ▌, in spite of eurothe banknotesremedial andmeasures coinsproposed orin thatthe sufficientannual andreport effectivesent accessby tothat cashMember inState, proportionex withante citizens’unilateral demandexclusions isof notcash ensured,are itundermining shallthe takeprinciple remedialof measures.mandatory Itacceptance shallof indicatepayments in itseuro annualbanknotes reportand thecoins remedialand/or measures,where includingaccess anyto enforcementcash mechanisms,is thatnot it▌effective. commitsSuch toan takeimplementing oract hascould takenrequire inthe orderMember State concerned to complytake withmeasures thesuch obligationsas setthose outoutlined in Articlesrecitals 7 and 8. The8, remedialor measures shall enter intothat forcehave withoutbeen undueconsidered delay.effective Financialin intermediariesother shallMember notStates incurin lossesensuring forthat the applicationprinciples of such remedial measures. The Member State concerned shallmandatory compensateacceptance financialof intermediariespayments forin anycash remedialor measures▌effective thataccess giveto risecash, toare additionalnot costs.undermined.

Change 3

Removed:Article 9 – paragraph 5: 5. The Commission shall examine the annual reports in close consultation with the European Central Bank. If the remedial measures proposed by a Member State pursuant to paragraph 4 appear insufficient, or if the Commission considers that the acceptance of cash payments or sufficient and effective access to cash in proportion with citizens’ demand in a Member State is not in line with the obligations set out in Articles 7 and 8 despite the findings of the annual report, the Commission shall adopt implementing acts providing for adequate and proportionate measures that shall be adopted by the Member State concerned within the deadline laid down in the respective implementing act. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 11.

Added:(10) In accordance with the principle of sincere cooperation, the Commission, the European Central Bank and the designated national competent authorities with the required powers as regards acceptance of payments in cash and access to cash, and over the cash-related market activities of the cash industry should closely collaborate on issues related to acceptance of payments in cash and access to cash. A regular dialogue among these institutions and authorities, based notably on the annual reports of Member States to the Commission and the European Central Bank, should aim at identifying cases of widespread ex ante unilateral exclusions of cash and insufficient access to cash in specific national territories or regions. It would also aim at designing and adopting remedial measures that Member States should adopt as a means to comply with their obligations to ensure acceptance of cash and ▌effective access to cash.

Removed:Article 10 – paragraph 2: 2. The power to adopt delegated acts referred to in Article 6 shall be conferred on the Commission for a period of five years from the date of entry into force of this Regulation. The Commission shall draw up a report in respect of the delegation of power not later than nine months before the end of the 5-year period. The delegation of power shall be tacitly extended for periods of an identical duration, unless the European Parliament or the Council opposes such extension not later than three months before the end of each period.

Added:▌

Removed:Article 10 – paragraph 6: 6. A delegated act adopted pursuant to Article 6 shall enter into force only if no objection has been expressed either by the European Parliament or the Council within a period of three months of notification of that act to the European Parliament and the Council or if, before the expiry of that period, the European Parliament and the Council have both informed the Commission that they will not object. That period shall be extended by three months at the initiative of the European Parliament or of the Council.

Added:(12) In order to ensure uniform conditions for the provisions on the acceptance of payments in cash and sufficient and effective access to cash, implementing powers should be conferred on the Commission. Those powers should be exercised in accordance with Regulation (EU) No 182/2011 of the European Parliament and of the Council. The examination procedure should be used for the adoption of the implementing acts ▌ addressed to individual Member States which in certain circumstances may need to adopt appropriate measures which would reflect the specificities of their national territories, regions and urban areas, in accordance with Regulation (EU) No 182/2011 of the European Parliament and of the Council.

Removed:Article 11 – paragraph 2: 2. Where reference is made to this paragraph, Article 5 of Regulation (EU) No 182/2011 shall apply.

Added:(13) This Regulation ensures full respect for the fundamental right of freedom to conduct a business and the fundamental right of consumer protection enshrined in Article 16 and 38 of the Charter of Fundamental Rights of the European Union respectively. This Regulation concerns the preferred payment method of the currency that has legal tender status, which payers legitimately may choose to settle their debts. Thus, the measures in this Regulation only concern the way enterprises receive payments. The interference with those fundamental rights is therefore indirect and very limited. It is justified by the general interest objective of ensuring the effectiveness of legal tender, and is proportionate to this objective.

Removed:Article 13 – paragraph 1 – point a: (a) the state of play concerning exceptions to the principle of mandatory acceptance pursuant to Article 5;

Added:(14) The share of cash payments compared to electronic payments could vary across certain vulnerable groups including older age groups, persons with disabilities, and people with limited digital skills ▌, lower income levels and unbanked persons. This proposal is consistent with the European Accessibility Act, which covers automated teller machines (ATMs). Furthermore, financially excluded people, such as the unbanked, asylum seekers and migrants, who may not be able or willing to use means of payment supplied by the private sector, rely on cash as their payment method. Cash is considered to provide for a clear overview of expenses, with high degrees of ease of use, speed, safety and privacy. These vulnerable groups are more at risk of losing their access to a method of payment if their access to cash deteriorates. Thus, this Regulation would aim to preserve financial inclusion of vulnerable groups with a dependency on cash payments by ensuring that everyone in the euro area would be free to choose the preferred payment method and has access to basic cash services, while supporting Member States in continuing their policy efforts to promote digital financial inclusion, for example through measures aimed to increase financial and specifically digital finance literacy in education and training systems, as well as to address gaps in digital infrastructure, including in rural areas.

Removed:Article 13 – paragraph 1 – point c: (c) the implemented penalties including financial penalties and non-criminal fines pursuant to Article 12.

Added:(15) In accordance with the principle of proportionality, it is necessary and appropriate for the achievement of the basic objective of ensuring the acceptance of cash and access to cash to lay down the necessary rules. This Regulation does not go beyond what is necessary in order to achieve the objectives pursued, in accordance with Article 5(4) of the Treaty on European Union.

Removed:Article 14 – paragraph 1: Member States shall provide payers and payees with clear information on the channels and effective remedies they have at their disposal to lodge complaints with competent national authorities about cases of unlawful refusal to accept cash and insufficient and ineffective access to cash.

Added:Subject matter