The FCA has finalised the changes that were proposed in May this year to make it easier for customers to engage with mortgage providers and make reductions to mortgage terms and remortgaging easier. This includes removing the...more
Key developments of interest over the last month include: the UK government's communications in connection with the Chancellor's annual Mansion House speech, and the launch of its Financial Services Growth and Competitiveness...more
The Chancellor of the Exchequer has delivered her second Mansion House speech and announced the “Leeds Reforms” in conjunction with publication of the awaited Financial Services Growth and Competitiveness Strategy and related...more
Key developments of interest over the last month include: draft legislation to regulate BNPL credit in the UK (in contrast to the de-prioritising of enforcement of BNPL regulatory breaches in the US); final confirmation of UK...more
5/22/2025
/ Buy Now Pay Later (BNPL) ,
CFTC ,
Cryptoassets ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Reform ,
HM Treasury ,
Payment Systems ,
Regulatory Oversight ,
Stablecoins ,
UK
Key developments of interest over the last month include: the Central Bank of Somalia announcing the launch of the Somalia Instant Payment System (SIPS), the country’s first nationwide instant payments infrastructure; the...more
4/28/2025
/ Australia ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
EU ,
Financial Regulatory Reform ,
FinTech ,
Payment Systems ,
Popular ,
Regulatory Agenda ,
UK
Key developments of interest over the last month include: the UK government publishing a pro-growth Action Plan for regulators and regulation, including pledges from the FCA of relevance to payments and digital assets firms;...more
3/25/2025
/ BaFin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Reform ,
FinTech ,
HM Treasury ,
Popular ,
Regulatory Reform ,
UK
As the evolution of payments continues at a rapid pace it is important that industry participants are up to date on the regulatory developments supporting and guiding these developments. This publication outlines the key...more
In our previous Comparative Guide, we explored innovations in private forms of digital money and money-like instruments available to retail customers, including fiatreferencing stablecoins, e-money and tokenised deposits. As...more
Barely a month since the end of the post-Brexit transition period, the FCA is consulting on changes to the onshored SCA-RTS and to the guidance in its Payment Services and E-Money Approach Document (and PERG). ...more