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Regulation of BNPL means a better deal for consumers
New rules will allow Buy-Now-Pay-Later users to benefit from key protections offered by other consumer credit products.
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New safeguarding regime presents high compliance burden
Payments and e-money firms impacted by codification of guidance and new requirements including the imposition of a statutory trust.
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HM Treasury launches consultation on effectiveness of Money Laundering Regulations
New proposals aim to reduce ambiguity and lead to a reduction in over-compliance or inconsistent application.