Two weeks prior to the complete activation, the operation of the registry gadget will probably be suspended and account holders will be unable to get admission to registry accounts – together with allowances held in those accounts. In addition, in the 3 weeks prior to this two-week transition length, account holders will be unable to open or shut accounts or to regulate account representatives. After the transition, account holders can have to conform to larger documentation necessities and security measures to get admission to the transferred accounts in the single registry.
The European Commission is dedicated to a easy transition for registry account holders and is operating intently with the Member States to accomplish that. More knowledge and the precise timetable, together with the get started and finish dates of the transition and the occasions when get admission to to registry accounts will probably be suspended, will probably be communicated in this site on 3 May.