News & Analysis as of

Financial Services Industry Recordkeeping Requirements Reconciliation

Hogan Lovells

Payments and e-money: UK FCA publishes policy statement on changes to safeguarding regime

Hogan Lovells on

The FCA believes that some payments firms do not currently have sufficiently robust safeguarding practices. This poses a risk of harm to consumer and market integrity that the FCA is seeking to mitigate. ...more

Nelson Mullins Riley & Scarborough LLP

FDIC Reemphasizes Focus on FinTech Partnerships and Account Reconciliation

In what should come as no surprise to FinTech sponsor banks, the FDIC is reemphasizing the need to maintain control over synthetic account ledgers in the wake of the Synapse collapse. On September 17, the FDIC's rulemaking...more

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