Payment Services Regulations 2017
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FCA work in review September 24-30, 2024
Our at-a-glance guide to recent FCA activity.
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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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New effort to tackle APP fraud prompts collaboration between UK authorities
Consultation aims to protect consumers and hold Payment Service Providers to account.
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Why payments in open banking are a beacon for fintech innovation
Chris Hill asks fintechs to pay attention to new developments in the payments industry around open banking.
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UK regulator’s report on quarterly authorizations shows improvement
FCA publishes data showing authorization metrics continue to improve.
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Breaking the competition law: Three firms fined by UK regulator
The FCA has fined money transfer firms for price fixing exchange rates and transaction charges to customers in Glasgow.
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UK regulators publish proposals for regulating stablecoins
The FCA and the Bank of England (Bank) are requesting feedback on their proposed approach.
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UK Government confirms final proposals for cryptoasset regulation
A summary of the key outcomes from the government’s proposals.