1/24/2025 2:22:17 PM EBA guidance on acquiring payments transactions and whether electronic money institutions can apply negative interest By Olivia Murphy In our previous post we covered two new and important pieces of guidance from the European Banking Authority. In this post we cover two...
1/23/2025 10:32:24 AM EU shares key guidance on DORA By Raza Naeem James Morris Simon Treacy Can a financial service be an ICT service? This question often came up in the course of implementing the EU’s Digital Operational...
1/22/2025 3:00:35 PM The EBA's latest PSD2 guidance and its impact for payments firms By Olivia Murphy The European Banking Authority has released a new batch of Q&A responses covering a range of PSD2 topics. In this post we cover the...
1/17/2025 5:33:18 PM Payments in 2025 #5 – AI in payments By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan +3 more... Show less The payments industry has a strong track record of using AI to help spot and stop fraud. Now, as they explore other opportunities to...
1/16/2025 8:55:11 PM DORA deadline day arrives: Here are five things firms still need to do By Raza Naeem James Morris Simon Treacy Even as the EU’s Digital Operational Resilience Act comes into effect, more work remains to be done. After a two-year implementation...
1/16/2025 4:47:19 PM Payments in 2025 #4 – Future of retail payments By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan +3 more... Show less Policymakers in the EU and UK are, for now, allowing a diverse landscape of payment options to co-exist and compete. Instant payments The...
1/15/2025 4:25:23 PM Payments in 2025 #3 – Payment services By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan +3 more... Show less More regulatory change is on the horizon for payment services. The detail of key reforms to EU and UK payment services legislation will...
1/14/2025 12:22:39 PM Payments in 2025 #2 – Safeguarding By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan +3 more... Show less Later this year the Financial Conduct Authority will determine its approach to changing the safeguarding regime for payments firms....
1/14/2025 11:38:05 AM PRA Dear CEO letter on 2025 supervisory priorities for insurance firms By Premlata Fagan On 9 January 2025, the PRA published a Dear CEO letter outlining its 2025 supervisory priorities for the UK insurance sector. This...
1/13/2025 4:55:05 PM Payments in 2025 #1 – Operational resilience By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan +3 more... Show less Operational resilience rules will start to be enforced in the EU and UK this year. Payments firms can anticipate more scrutiny about...
1/10/2025 12:12:26 PM RIP to PRIIPs - Hi to CCIs By Elliot Jack Premlata Fagan Raza Naeem As 2024 drew to a close, the FCA set the ball rolling towards a new era for disclosure of product information to retail investors in...
1/10/2025 12:09:09 PM Insurance and Pensions Regulation: 25 for 2025 By Alastair Holt Jimi Piggott-Bader Premlata Fagan Clare McMullen +1 more... Show less The UK government capped off 2024 with a call to its main regulators – including the Financial Conduct Authority (FCA) – asking for ideas...
12/16/2024 8:36:21 PM FCA takes first step on its crypto roadmap By Harry Eddis Richard Hay James Morris Olivia Murphy Sam Quicke +2 more... Show less The FCA recently issued its crypto roadmap to map the future development of a comprehensive regulatory regime for cryptoassets. Now the...
12/13/2024 9:57:02 AM Five FCA findings on ‘what good looks like’ for Consumer Duty Board reports By Oli Palmer The FCA has published the findings of its review into firms’ approaches to the preparation of the first annual Consumer Duty Board...
12/12/2024 6:49:14 PM Advice Guidance Boundary Review: FCA consults on a proposed new regime of targeted support for pensions By Premlata Fagan As promised in its feedback statement to its Advice Guidance Boundary proposals (set out in DP 23/5), the FCA has published its first...
12/12/2024 3:30:27 PM 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...