Combating late payment in commercial transactions

Date: 23.04.2024 · Reference: A9-0156/2024

single market commercial transaction goods and services national competent authority financial services small and medium-sized enterprises financial transaction contract terms deadline for payment administrative formalities
Overall Result: 459 For
459 For
96 Against
54 Abstention
258 Did not vote
Report Summary
Source: AI Summary with Mistral
  • Regulation to combat late payments in commercial transactions.
  • Limiting payment terms to 30 days for B2B and G2B.
  • Strengthening SME rights through transparency and sanctions.
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