7/22/2025 5:17:50 PM The countdown begins: FMIs given one year to put fundamental rules into practice By James Morris Simon Treacy The Bank of England has finalised its Fundamental Rules for financial market infrastructure. Having originally proposed a six-month...
7/21/2025 1:16:39 PM The Consumer Duty and BNPL – uncomfortable accommodation or a meeting of minds? By Sara Cody Earlier this year the Government laid legislation before Parliament to bring more BNPL agreements into the scope of UK regulation (see:...
7/18/2025 9:11:01 AM FCA shapes rules for BNPL at start of one year countdown to new regime By Harry Eddis Clare Whittle Frances Hodgkins Arjun Lakhani Olivia Murphy Fiona Garrahan Simon Treacy +4 more... Show less Buy-now pay-later providers often rely on exemptions to remain outside the scope of regulation. As the UK plans to tighten these...
7/15/2025 8:05:35 PM One step closer to the next generation of UK retail payments infrastructure By Olivia Murphy In November last year the Government released its north star for UK payments in the form of the National Payments Vision. The NPV...
7/15/2025 8:05:15 PM UK puts growth at heart of financial services strategy By Peter Bevan Simon Treacy The UK Government has published a Financial Services Growth and Competitiveness Strategy. The Strategy, which was launched as part of the...
7/15/2025 11:24:10 AM Mansion House 2025: UK uses “Leeds Reforms” to rewire financial system By Peter Bevan Harry Eddis Clare McMullen Elizabeth Dowd Alastair Holt Nikunj Kiri Raza Naeem Michael Kent +5 more... Show less Rachel Reeves has used a summit in Leeds to announce a wide-ranging package of reforms to financial regulation. A new strategy for...
7/8/2025 8:31:06 PM Final pieces of DORA rulebook fall into place By Raza Naeem James Morris Simon Treacy In the last couple of years EU financial entities have been busy implementing the Digital Operational Resilience Act. DORA started to...
6/26/2025 4:32:08 PM FCA criticises how e-money and payments firms manage risk By Harry Eddis Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan Simon Treacy +3 more... Show less The Financial Conduct Authority has called on UK payments firms to improve their compliance arrangements. It follows a review which has...
6/24/2025 7:54:28 AM New legislation sets up future for open banking and open finance in the UK By Olivia Murphy Alexia Katzaros The Data (Use and Access) Bill has been enacted. The new Act touches on several topics that are relevant to financial services in the UK,...
6/20/2025 1:34:10 PM MiCAR and payment services: No dual authorisation for stablecoins required (for now...) By Marius Raetz James Morris Dr Clemens Boehm Transactions involving electronic money tokens ('EMTs') are subject to both payment services and crypto-asset regulation, which gives...
6/13/2025 3:04:06 PM UK Finance response to review of payments insolvency regime By Richard Hay Rory Conway Simon Treacy Francesca Mitchell +1 more... Show less Linklaters was pleased to work alongside Osborne Clarke LLP on UK Finance’s submission to the independent review of PESAR, the Payment...
6/3/2025 3:31:08 PM FCA proposes rules for stablecoin issuance and cryptoasset custody By Olivia Murphy The FCA has taken a significant step on its cryptoassets roadmap by opening a consultation on rules for stablecoin issuers and...
5/19/2025 2:42:48 PM Reform of the Consumer Credit Act: Phase 1 By Clare Whittle Premlata Fagan Emily Rainbird HM Treasury has released a consultation paper proposing reform of the Consumer Credit Act. The consultation closes on 21 July 2025. A...
5/19/2025 10:13:05 AM UK to regulate buy-now, pay-later: Your next instalment is due By Harry Eddis Clare Whittle Arjun Lakhani Frances Hodgkins Olivia Murphy Fiona Garrahan Simon Treacy Premlata Fagan +5 more... Show less The Government has taken the next step towards regulating buy-now pay-later. It is laying the legislation that will bring BNPL agreements...
5/13/2025 4:00:46 PM Crystal clear: FCA reviews pricing of international payments By Sara Cody The FCA has published the results of its review of costs transparency in firms offering money remittance and cross-border payment...
5/9/2025 4:07:40 PM New rules to protect against de-banking: what payment service providers need to know By Simon Treacy Francesca Mitchell HM Treasury has finalised measures designed to curb de-banking. New legislation adds new conditions for banks, e-money firms and other...