Payments Regulation

The relaxed regulatory approach taken during the initial boom of the mobile payments market has been followed by tightened regulations on the third-party payments sector as the government grapples...
The General Data Protection Regulation (Regulation 2016/679), also known as GDPR, will significantly increase the responsibilities and obligations for payments businesses in how they collect and...
The 4th Anti-Money Laundering Directive (Directive (EU) 2015/849), also known as the 4th AMLD, has brought in a set of obligations for the European Commission, European supervisory authorities ...
Following the delegation of powers established in Article 118 of Law 2016/731, the French government has issued Ordinance 2016-1635 of December 1, 2016 “Strengthening the French System against the...
The interdepartmental committee established by the Israel Securities Authority with the aim of examining the regulation of initial coin offerings (ICOs) has published its interim conclusions for...
The Australian Taxation Office has published a consultation on the practical compliance issues arising from complying with taxation obligations in relation to cryptocurrency transactions. The...
On December 13, 2017, the National Assembly of France published a draft law on the protection of personal data. This new bill does not aim to repeal founding Law no. 78-17 of January 6, 1978...
On April 18, 2018, the Reserve Bank of New Zealand published in its bulletin an article titled “What is digital currency?”, outlining and explaining the various forms of digital currencies, in...
On December 18, 2017 a political agreement has been reached between the presidency of the European Council and the European Parliament on amendments to the 4th Anti-Money Laundering Directive (4th...
On February 25, 2016, following the publication of the EU General Data Protection Regulation (GDPR), the Swedish government formed an experts group assigned with the task of evaluating the impact...
On April 20, 2018, the National Audit Office (NAO), which is in charge of scrutinising public spending, released the “Exiting the EU: The financial settlement” report. The report reviews the...
The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, has brought a set of obligations for the European Commission, the European Banking Authority (EBA), EU member...
On August 10, 2017 the French government published a report which had been sent to the President on Ordinance 2017-1252 of August 9, 2017 transposing the revised Payment Services Directive (PSD2)...
On October 18, 2017, the Payment System Act B.E 2560 (2017) was published in th Thai Government Gazette, upon its aproval by the National Legislative Assembly. The act purposes to centralise the...
On April 18, 2018, the Dubai Financial Services Authority (DFSA) published Consultation Paper No. 120 proposing amendments to its anti-money laundering/counter-terrorist financing (AML/CTF) and...
On November 24, 2017, the Estonian Ministry of Justice published a draft law on the processing of personal data. The aim of the bill is to transpose (EU) 2016/679 General Data Protection Regulation...

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