18 Dec, 2024 EU says good-quality DORA registers are within reach By Raza Naeem James Morris Frances Hodgkins Simon Treacy +1 more... Show less Earlier this year around 1,000 firms took part in a “dry-run” to test the process for reporting registers under the EU’s Digital...
12 Dec, 2024 Financial Regulation Legal Outlook 2025 By Stephen Clipsham Our Financial Regulation Outlook 2025 report explores the key regulatory developments that we expect to see in the Banking, Asset...
12 Dec, 2024 UK opens review of its administration regime for payment firms By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Sam Quicke +3 more... Show less HM Treasury has launched an independent review of PESAR, the Payment and Electronic Money Special Administration Regime. PESAR was...
05 Dec, 2024 Design of EU open finance rules set to move to next stage By Raza Naeem Simon Treacy The EU plans to require financial services firms to open up the data they hold for customers. Last year the European Commission proposed...
02 Dec, 2024 EU finalises DORA register rules By Raza Naeem Simon Treacy The European Commission has adopted implementing technical standards on the register of information under the EU’s Digital Operational...
19 Nov, 2024 Bank of England drafts fundamental rules for financial market infrastructure By James Morris Simon Treacy In a consultation the Bank of England proposes requiring UK financial market infrastructure to meet 10 new Fundamental Rules. The rules...
19 Nov, 2024 National Payments Vision: The Government sets out its ambitions for the UK payments sector By Olivia Murphy A year in the making, the UK Government has released its National Payments Vision. The NPV is intended to address the findings of the...
15 Nov, 2024 Growth and competitiveness - a new strategy By Elizabeth Dowd Rachel Reeves has used her first Mansion House speech as Chancellor to put forward reforms aimed at making the UK financial services...
25 Sep, 2024 Payments firms face stricter safeguarding standards By Harry Eddis Richard Hay Frances Hodgkins Arjun Lakhani Olivia Murphy Sam Quicke Bethan Poole Simon Treacy +5 more... Show less The Financial Conduct Authority has set out its stall to strengthen safeguarding rules for payments and e-money firms. Firms will need to...
02 Aug, 2024 A changing landscape: Bank of England’s approach to innovation in money and payments By Simon Treacy Against the backdrop of a rapidly evolving payments landscape, the Bank of England has launched a discussion paper on how it should...
30 Jul, 2024 The missing DORA technical standard on subcontracting is found By Harry Eddis Raza Naeem James Morris Olivia Murphy +1 more... Show less The European Supervisory Authorities (ESAs) have finalised their much-anticipated technical standard on subcontracting ICT services...
04 Jul, 2024 EU institutions explore AI in financial services By Simon Treacy As our mid-year legal outlook shows, the legal impact of AI adoption is not limited to the tech sector. Financial services firms are...
03 Jun, 2024 EBA puts virtual IBANs into regulatory spotlight By Olivia Murphy Andreas Van Impe Simon Treacy EU regulators need to get to grips with how payment firms use virtual IBANs. That's one of the conclusions from a European Banking...
30 Apr, 2024 Bank of England steers market infrastructure to “test the unlikely” before operational resilience deadline By Simon Treacy The Bank of England has warned financial market infrastructures that they still have considerable work to do before operational...
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...