The payments industry has a strong track record of using AI to help spot and stop fraud. Now, as they explore other opportunities to...
Even as the EU’s Digital Operational Resilience Act comes into effect, more work remains to be done. After a two-year implementation...
Policymakers in the EU and UK are, for now, allowing a diverse landscape of payment options to co-exist and compete. Instant payments The...
More regulatory change is on the horizon for payment services. The detail of key reforms to EU and UK payment services legislation will...
Later this year the Financial Conduct Authority will determine its approach to changing the safeguarding regime for payments firms....
Operational resilience rules will start to be enforced in the EU and UK this year. Payments firms can anticipate more scrutiny about...
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...
HM Treasury has launched an independent review of PESAR, the Payment and Electronic Money Special Administration Regime. PESAR was...
In a consultation the Bank of England proposes requiring UK financial market infrastructure to meet 10 new Fundamental Rules. The rules...
The Financial Conduct Authority has set out its stall to strengthen safeguarding rules for payments and e-money firms. Firms will need to...
Against the backdrop of a rapidly evolving payments landscape, the Bank of England has launched a discussion paper on how it should...
The European Supervisory Authorities (ESAs) have finalised their much-anticipated technical standard on subcontracting ICT services...
As our mid-year legal outlook shows, the legal impact of AI adoption is not limited to the tech sector. Financial services firms are...
The payments industry faces yet more change in 2024. From DORA and MiCA preparations in the EU to a smarter regulatory framework and...
Need to know:A draft EU law suggests requiring financial firms to open up access to their customers’ dataFirms would have to join schemes...
In 2022 the Government published a consultation which set out proposals to widen the Banking Act 2009 to bring systemically important...