Payments firms must safeguard the funds they receive in connection with making payments or issuing e-money. The Financial Conduct...
The Bank of England has finalised its Fundamental Rules for financial market infrastructure. Having originally proposed a six-month...
Earlier this year the Government laid legislation before Parliament to bring more BNPL agreements into the scope of UK regulation (see:...
Buy-now pay-later providers often rely on exemptions to remain outside the scope of regulation. As the UK plans to tighten these...
In November last year the Government released its north star for UK payments in the form of the National Payments Vision. The NPV...
The Financial Conduct Authority has called on UK payments firms to improve their compliance arrangements. It follows a review which has...
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Linklaters was pleased to work alongside Osborne Clarke LLP on UK Finance’s submission to the independent review of PESAR, the Payment...
The Financial Conduct Authority has suggested opening up access some exchange-traded cryptoasset products for retail customers. Citing...
The FCA has taken a significant step on its cryptoassets roadmap by opening a consultation on rules for stablecoin issuers and...
The Financial Conduct Authority is consulting on capital requirements for cryptoasset firms. Crypto firms that have not previously had to...
The Government has taken the next step towards regulating buy-now pay-later. It is laying the legislation that will bring BNPL agreements...
HM Treasury has finalised measures designed to curb de-banking. New legislation adds new conditions for banks, e-money firms and other...
The Financial Conduct Authority is stepping up its work on AI in financial services. The results of its recent AI Sprint show how...
The UK Government has released draft legislation for regulating cryptoassets. The legislation defines the scope of which assets and...
The Bank of England is closely monitoring the implications of how artificial intelligence is used in financial services. In a new report...
The UK’s National Cyber Security Centre recently published its Cyber Governance Code of Practice, an important new tool to bolster cyber...