Following the FCA’s January 2025 response to the government’s request for ideas to support its growth mission for the UK economy, the FCA has now published an engagement paper seeking feedback on the different ways that it...more
Key developments of interest over the last month include: Nigeria: eNaira digital currency launched United Kingdom: PSR publishes final report on card-acquiring services market review United States: Federal Reserve launches...more
11/19/2021
/ Banking Sector ,
Blockchain ,
Digital Currency ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Insolvency ,
Payment Systems ,
Payment Systems Regulator (PSR) ,
Regulatory Agenda ,
UK
Key developments of interest over the last month include: Hong Kong: FSTB publishes consultation conclusions on virtual asset services providers licensing regime Europe: European Commission publishes proposal for Regulation...more
6/16/2021
/ AML/CFT ,
Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
Cryptoassets ,
Cryptocurrency ,
Digital Currency ,
E-Money ,
Financial Services Industry ,
Identity Protection Services ,
Incident Response Plans ,
Payment Systems ,
Popular ,
PSD2 ,
Regulatory Agenda ,
Stablecoins ,
Virtual Currency ,
Working Groups
United Kingdom: FCA publishes feedback statement on Open Finance On 26 March 2021, the FCA published a Feedback Statement on Open Finance (FS21/7) following its December 2019 Call for Input....more
Regulatory Developments -
United Kingdom: Kalifa Review of UK FinTech published -
On 26 February 2021, HM Treasury published the Kalifa Review of UK FinTech, identifying priority areas to support the UK’s fintech sector. The...more
3/25/2021
/ Banks ,
Competition ,
Data Protection ,
Digital Currency ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Foreign Exchanges ,
FSB ,
Mobile Payments ,
Popular ,
Regulatory Agenda ,
UK
Key developments of interest over the last month include: • United Kingdom: The Payment Systems Regulator (PSR) has published two calls for views, one of which focuses on authorised push payment (APP) scams and the other on...more
Key developments of interest over the last month include:
United Kingdom: HM Treasury is consulting on proposed insolvency changes for payment institutions and electronic money institutions, including a bespoke special...more
Europe: European Commission communication on EU Retail Payments Strategy -
On 24 September 2020 the European Commission published a communication setting out an EU Retail Payments Strategy identifying key priorities and...more
10/29/2020
/ Cross-Border Transactions ,
Digital Currency ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FinTech ,
MasterCard ,
Payment Systems ,
Popular ,
PSD2 ,
Regulatory Agenda
Key developments of interest over the last month include:
United Kingdom: The Payment Systems Regulator has published its interim report on its market review into the supply of card-acquiring services.
...more
9/25/2020
/ AML/CFT ,
Coronavirus/COVID-19 ,
Digital Assets ,
FATF ,
Financial Conduct Authority (FCA) ,
FinTech ,
Infectious Diseases ,
Infrastructure ,
Payment Systems ,
Payment Systems Regulator (PSR) ,
Popular ,
Regulatory Agenda ,
UK
Key developments of interest over the last month include:
United Kingdom: HM Treasury publishes Call for Evidence for Payments Landscape Review, seeking industry input on how payment systems could be improved. The deadline...more
8/21/2020
/ Call for Evidence ,
Canada ,
Data Protection ,
EU ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
HM Treasury ,
Payment Systems ,
Popular ,
PSD2 ,
Regulatory Agenda ,
Regulatory Requirements ,
UK
Key developments of interest over the last month include:
Australia: Open banking launches with the initiation of the Consumer Data Right. Customers of Australia's four major banks can choose to share certain types of data...more
Key developments of interest over the last month include:
Brazil: The Central Bank of Brazil has confirmed that open banking regulations will begin to be implemented from November 2020. The implementation will consist of...more