Top five key points for CESOP reporting by April 30 – Deadline approaching fast!

• 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.

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