# Regulation of the European Central Bank (EU) No 795/2014 of 3 July 2014 on oversight requirements for systemically important payment systems (ECB/2014/28), Article 25: Final provisions

Extent: E+W+S+N.I.

1. This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
2. SIPS operators shall have one year from the date on which the decision of the Governing Council in accordance with Article 1(2) has been notified to them to comply with the requirements laid down in this Regulation.
3. This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaties.

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Source: https://www.legislation.gov.uk/eur/2014/795/article/25 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-795/article-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.