14 Mar, 2024 UK unveils measures to curb de-banking By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less New draft legislation shows how banks and other firms will have to give customers more info when ending payment contracts. The reforms,...
12 Mar, 2024 UK plans to slow down payments where fraud is suspected By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less Banks and other firms will be able to delay processing payments where there are grounds to suspect fraud, according to draft legislation...
26 Feb, 2024 ECJ confirms AG opinion on boundary between payment services and e-money issuance By Andreas Van Impe Simon Treacy A ruling from the European Court of Justice helps to draw a line between the regulated activities of providing payment services and...
23 Oct, 2023 EU case could draw a line between payment services and e-money issuance By Simon Treacy If a payment institution receives funds without a specific payment order and holds these funds for longer than the legal time limit, does...
07 Aug, 2023 Government responds to its consultation on payments regulation and the systemic perimeter By Olivia Murphy In 2022 the Government published a consultation which set out proposals to widen the Banking Act 2009 to bring systemically important...
09 Dec, 2022 Edinburgh Reforms: Key points for Payments firms By Frances Hodgkins The government's Edinburgh Reforms seek to drive growth and competitiveness in the financial services sector. For payments firms there...
11 May, 2022 Well, stablecoin (prudential) regulation is definitely coming now By Duncan Campbell Those of you following cryptoasset markets over the past week have seen one of the most dramatic events to date in an already volatile...
22 Mar, 2022 How are e-money holders protected on insolvency? Court of Appeal hands down decision on ipagoo By Simon Treacy Our latest payments podcast looks at the Court of Appeal’s decision on ipagoo and the implications for the payments industry. The Payment...
10 Jan, 2022 Temporary permissions: payments and e-money firms By Olivia Murphy The FCA has updated its guidance for EU-based payments firms operating in the UK on a temporary permission. Forms are now available for...
07 Dec, 2021 What’s on the regulatory horizon for UK payments in 2022? By Simon Treacy Our UK Payments Horizon Report 2022 sets out the important regulatory milestones for the year to come. The report covers the FCA’s...
19 May, 2021 You're an e-money firm - not a bank! By Linklaters Following the well-publicised failure of Premier FX, the FCA continues to be concerned that e-money firms are marketing themselves as an...