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Payment Systems Recordkeeping Requirements

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

Nutter McClennen & Fish LLP

Nutter Bank Report: November 2024

The CFPB has adopted a final rule to extend its oversight to the largest nonbank providers of digital consumer payment applications, including those that enable transfers from deposit accounts held at banks and other insured...more

Harris Beach Murtha PLLC

What New York Employers Should Know about the Freelance Isn’t Free Act

New Yorkers utilizing freelance workers or independent contractors for work totaling $800 or more will soon need to comply with New York’s Freelance Isn’t Free Act (“FIFA”). The Act, which was signed into law by Governor...more

Davis Wright Tremaine LLP

New York State to Require Written Agreements for Independent Contractors

Businesses in New York will soon need to provide written agreements to many "freelancers" under a new law recently signed by Governor Kathy Hochul. The "Freelance Isn't Free Act," which will become effective on May 20, 2024,...more

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