On May 17, 2019, the European Council adopted a framework that will enable the EU for the first time to impose sanctions on those responsible (persons or entities) for cyber-attacks threatening the...
On May 17, 2019, the Payments Council of India (PCI) welcomed the circular issued by the Ministry of Finance on how non-banking entities can now authenticate a client's Aadhaar number with e-KYC...
On May 16, 2019, the State Data Protection Inspectorate announced its decision to impose an administrative fine under the General Data Protection Regulation (GDPR) on the company UAB MisterTango,...
Australian acquiring banks have been put on notice by the country’s central bank over least-cost transaction routing as payment methods evolve, insisting that progress must not be stalled.
Less than a month before the close of Nevada’s 2019 legislative session, lawmakers continue to discuss several blockchain-focused bills introduced by Republican Senator Ben Kieckhefer that aim to...
A gang of international cybercriminals that used a network of malware-infected computers and money mule accounts to attempt the theft of $100m from thousands of victims has been indicted by a U.S....
On May 16, 2019, the Reserve Bank of India (RBI) published "The Payment Systems Vision 2021", with the aim of providing the Indian population with access to e-payment options that are not only safe...
On May 15, 2019, the Hellenic Data Protection Authority announced its list of activities and operations that, if performed by controllers, trigger the obligation to carry out a data protection...
On January 31, 2019, the Malta Financial Services Authority (MFSA) released a consultation paper on its proposed fintech strategy, by means of which it aims to establish Malta as an international...
On February 13, 2019, the Financial Services Authority (FSA) in the Isle of Man released a consultation paper which sets out proposed changes to the national anti-money laundering and counter...
Regulators will hawkishly monitor compliance with the UK’s incoming voluntary code for reimbursement of payment fraud victims, threatening to make the code mandatory if take-up is sluggish.
As faster payments take hold in Canada the onus is on financial firms to ensure customers are educated on potential risks, industry experts have said, amid concerns regulatory complexity means...
Industry groups are pressing regulators on whether incoming strong customer authentication rules can be delayed, arguing the drip-feed of guidance has created a “bottleneck” and left firms unable...
On May 13, 2019, the Financial Markets Authority (FMA), following its risk assessment report published earlier this year, issued formal warnings to ten reporting entities under Section 80 of the...
On May 15, 2019, the Australian Securities and Investments Commission (ASIC) launched a consultation on proposals to update its Internal Dispute Resolution (IDR) standards, which apply to...
On May 14, 2019, the National Crime Agency (NCA) published the national strategic assessment of serious and organised crime, which provides an overview of the serious and organised crime present in...

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