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Originally Posted by ambal
At the same time I want to note that the PDF is published at usa.visa.com and says exactly this:
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These mandates apply to all Visa regions.
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Taking a quote out of context frequently leads to misunderstanding. You must read the entire bulletin. Its setting a final deadline for all regions under VISA, Inc. control (VISA Europe is a separate company). It is not extending deadlines for any region that already has an earlier deadline. The U.S. deadline of 7/1/2010 ensures compliance by the date in the PDF as it is not later than 7/1/2012 so it is not in conflict with the above quote.