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News - News Releases 2021

01/12/2021

Repealing of CBM Directive 17 as from 6 December 2021

As from 1st January 2022, CBM Directive 19 on the use of cheques and bank drafts will come into force. Since one of the measures that will be introduced by this Directive prohibits the negotiability of such paper-based payment instruments, the temporary measures which were introduced during the pandemic restrictions on 26 March 2020 will no longer be applicable. CBM Directive 17 will therefore be repealed as from 6th December 2021.

Repealing of CBM Directive 17 as from 6 December 2021

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